Examlex
In Excel, which function key toggles between relative and absolute cell referencing when editing a formula?
Fixed Input
An input whose quantity is constant and cannot be changed in the short run.
Short Run
A period in economics during which some factors of production are fixed, limiting the ability of a business to fully adjust to market changes.
Long Run
An economic term referring to a period during which all inputs or factors of production can be varied, and there are no fixed constraints.
Average Fixed Costs
The fixed costs (those not changing with output level) of production divided by the quantity of output produced.
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