The time interval in which suppliers can change the quantity of all the resources they use to produce goods and services is called

Name: The time interval in which suppliers can change the quantity of all the resources they use to produce goods and services is called
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Question

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In the long run, suppliers can adjust all of their resources, including capital and labor, to change the quantity of goods and services they produce. This contrasts with the short run, where at least one factor of production is fixed.

The Time Interval in Which Suppliers Can Change the Quantity