Which of the following is the best example of a long-run decision?
A) An automobile manufacturing company considering whether to invest in robotic equipment to develop a more cost-effective production technique.
B) An automobile manufacturing company considering whether to expand its existing workforce while keeping the same factory and equipment.
C) A business consulting firm considering whether to hire some interns to assist with research and data processing.
D) A business consulting firm considering whether to add new computers while maintaining the same number of employees.

Question

Quizplus · Accepted Answer

Long-run decisions involve changes to all inputs, including capital investments like robotic equipment, which can significantly alter production techniques and capacity.

Which of the Following Is the Best Example of a Long-Run