Three landscapers, Allen, Betty, and Christina, are visiting the lawn and garden supply store. Allen is choosing between a mower with a 40-inch blade and a mower with a 28-inch blade. Betty is picking up her mower, which was in for scheduled maintenance. Christina is putting up a For Sale sign advertising her equipment and list of customers.Who is operating in the short run?

Question

Quizplus · Accepted Answer

Betty is operating in the short run because she is not making any new investments or changes to her business operations; she is simply maintaining her existing equipment. Allen is considering a new purchase, and Christina is looking to sell her equipment and customer list, both of which are long-term decisions.

Three Landscapers, Allen, Betty, and Christina, Are Visiting the Lawn