The Long Run Is a Period of Time

question 4

Multiple Choice

The long run is a period of time

• A) when some input prices do not change.
• B) when all prices have adjusted to equilibrium.
• C) when the inflation rate is zero.
• D) longer than 1 year.
• E) longer than 10 years.

---

Definitions:

Life-Size Warriors

Full-scale statues or sculptures representing soldiers or warriors, often found in burial sites or as part of commemorations.

Tomb

A burial chamber or vault, often constructed of stone, in which the deceased are laid to rest.

Shakyamuni Buddha

Another name for Siddhartha Gautama, the historical founder of Buddhism, who attained enlightenment and shared his insights to help others reach the same state.

Gilded Bronze

A bronze object that has been coated with a thin layer of gold, often used for sculptures, ornaments, and architectural details to signify wealth and status.