The short-run is a time period in which no input levels are fixed.

Name: The short-run is a time period in which no input levels are fixed.
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Question

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In the short-run, at least one input level is fixed while others can be varied. It is in the long-run that all input levels can be varied. In the short-run, at least one input level is fixed, while others may vary. The long-run is the time period in which all input levels can be adjusted.

The Short-Run Is a Time Period in Which No Input