In the short run
A) all factors of production are fixed.
B) labor usage must remain fixed.
C) a firm's plant is fixed.
D) no factors of production are fixed.

Name: In the short run A) all factors of production are fixed. B) labor usage must remain fixed. C) a firm's plant is fixed. D) no factors of production are fixed.
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Question

Quizplus · Accepted Answer

In the short run, a firm's plant or capital is considered fixed, while labor and other inputs can be varied to adjust production levels.

In the Short Run