In the long run:
A) no inputs can be varied and all inputs are fixed.
B) some inputs can be varied and some inputs are fixed.
C) some inputs can be varied and no inputs are fixed.
D) all inputs can be varied and no inputs are fixed.

Question

Quizplus · Accepted Answer

In the long run, all inputs are variable, meaning that firms can adjust all factors of production, such as labor, capital, and land, to achieve the desired level of output.

In the Long Run