Which of the following is likely to have the shortest long run?
A)a nail salon
B)a construction firm
C)an electric company
D)a container ship operations company

Question

Quizplus · Accepted Answer

A nail salon is likely to have the shortest long run because it is a small and low investment business, which means it can be easily started and closed down quickly. On the other hand, the other options require more significant investments, have longer contracts or lease agreements, and take more time to establish themselves.

Which of the Following Is Likely to Have the Shortest