In the long run,a firm can vary
A)all of its factors of production.
B)labour but not capital.
C)capital but not labour.
D)labour and capital but not land.
E)labour,capital and entrepreneurship but not land.

Question

Quizplus · Accepted Answer

In the long run, a firm can vary all of its factors of production, including labor, capital, land, and entrepreneurship, as there are no fixed inputs in the long run.

In the Long Run,a Firm Can Vary