In the long run,a firm that produces and sells electronic book readers gets to choose
A) how many workers to hire.
B) the size of its factories.
C) which short-run average-total-cost curve to use.
D) All of the above are correct.

Question

Quizplus · Accepted Answer

A firm that produces and sells electronic book readers gets to choose how many workers to hire, which determines the size of its factories. The firm also has the option to choose which short-run average-total-cost curve to use, depending on the level of output it wants to produce. Therefore, all of the choices (A), (B), and (C) are correct.

In the Long Run,a Firm That Produces and Sells Electronic