The location of a firm will be a _________ factor of production in ________ run.
A) variable;the short
B) variable;both the short and the long
C) variable;the long
D) fixed;the long
E) fixed;both the short and the long
Correct Answer:
Verified
Q11: The short run is defined as
A) one
Q12: Total revenue minus the sum of explicit
Q13: The long run is defined as
A) one
Q14: When the existing factory is becoming increasingly
Q15: Diminishing marginal returns often arise because the
A)
Q17: When some factors of production are fixed,equal-sized
Q18: A period in which at least some
Q19: A fixed factor of production
A) is fixed
Q20: Given a fixed amount of technology,machines,and work
Q21: 
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