In economics,the short run is:
A)less than 1 week.
B)less than 1 month.
C)enough time to vary output but not plant capacity.
D)enough time to change all inputs to production.

Question

Quizplus · Accepted Answer

In the short run, a firm can vary its output by adjusting its variable inputs, such as labor and raw materials, but it cannot vary its fixed inputs, such as plant capacity. Therefore, the best choice is C.

In Economics,the Short Run Is