In the long run,
A) all inputs can be varied.
B) output is fixed.
C) some inputs are variable and other inputs are fixed.
D) all inputs are fixed.

Name: In the long run, A) all inputs can be varied. B) output is fixed. C) some inputs are variable and other inputs are fixed. D) all inputs are fixed.
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Question

Quizplus · Accepted Answer

In the long run, all inputs can be varied, allowing firms to adjust all factors of production to meet their output goals.

In the Long Run