The short run is a time period in which:
A)all resources are fixed.
B)the level of output is fixed.
C)the size of the production plant is variable.
D)some resources are fixed and others are variable.

Question

Quizplus · Accepted Answer

In the short run, some resources (like capital) are fixed, meaning they cannot be easily changed, while others (like labor) are variable and can be adjusted to meet changes in demand.

The Short Run Is a Time Period in Which