In the short run, the firm's network is _____ while in the long run it is _____.
A) fixed; variable
B) adoptable; reversible
C) variable; reversible
D) reversible; fixed

Question

Quizplus · Accepted Answer

In the short run, the firm's network is fixed as it cannot be easily changed or adjusted. However, in the long run, it becomes variable as the firm has more time and resources to make changes and adjustments to their network.

In the Short Run, the Firm's Network Is _____ While