In the Short Run,but Not in the Long Run

question 193

Multiple Choice

In the short run,but not in the long run,

• A)output is fixed
• B)prices are fixed
• C)prices can change but output is fixed
• D)some resource prices are fixed
• E)the aggregate supply curve is vertical

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Definitions:

Exocytosis

The process by which cells transport molecules out of the cell by the fusion of vesicles with the plasma membrane.

Presynaptic Terminal

The end point of a neuron where it connects to another neuron or muscle cell, releasing neurotransmitters to transmit nerve impulses.

Acetylcholine

A neurotransmitter involved in muscle activation and various functions in the central and peripheral nervous system, including memory and arousal.

ATP Molecule

Adenosine triphosphate, the primary carrier of energy in cells, facilitating energy transfer by undergoing enzymatic hydrolysis.