Ajax Corporation Has Recently Finished Building a New Factory

question 105

Multiple Choice

Ajax Corporation has recently finished building a new factory. They moved into the factory a month ago and found that it is the perfect size given the amount they want to produce. Ajax is now operating in the

• A) production time.
• B) corporation time.
• C) long run.
• D) short run.

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Definitions:

Mortality

The state of being subject to death; often used statistically to refer to the rate of death in a population.

Median Age

The age that divides a population into two numerically equal groups, half of the people being older than this age and half younger.

Canadian

Pertaining to Canada or its people, culture, or characteristics.

Socialization

The process by which individuals learn and adopt the norms, values, and behaviors appropriate to their society.