The short run is
A)a period of time in which all inputs are fixed.
B)a period of time in which all inputs are variable.
C)a period of time in which some inputs are fixed.
D)always less than a year.
E)a and d

Question

Quizplus · Accepted Answer

In the short run, some inputs are considered fixed (such as buildings and machinery), while others are variable (like labor and raw materials). This distinguishes it from the long run, where all inputs are considered variable.

The Short Run Is