Which of the Following Can a Firm Do in the Long

question 138

Multiple Choice

Which of the following can a firm do in the long run but not in the short run?

• A)decrease the size of its physical plant
• B)reduce its rate of output by laying off workers
• C)increase its variable costs
• D)increase its use of raw materials

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Definitions:

Brutality

The extreme cruelty or inhumanity of actions, often used in the context of violence by authorities or during conflicts.

Vietnam War

A protracted conflict from the late 1950s to 1975 in Vietnam, featuring North Vietnamese forces against South Vietnam and its principal ally, the United States.

My Lai

A village in Vietnam where a mass murder was carried out by U.S. Army soldiers in 1968 during the Vietnam War.

Village

A small community or group of houses in a rural area, larger than a hamlet but smaller than a town, often with a single economy.