In the short run:
A) all inputs are variable.
B) firms can use any input combination they want.
C) firms can choose among all possible production techniques.
D) some inputs are fixed.

Name: In the short run: A) all inputs are variable. B) firms can use any input combination they want. C) firms can choose among all possible production techniques. D) some inputs are fixed.
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Question

Quizplus · Accepted Answer

In the short run, some inputs are fixed, meaning they cannot be changed or adjusted, while others are variable.

In the Short Run