In the long run,the firm ________ change the number of workers it employs and ________ change the size of its plant.
A) can; can
B) can; cannot
C) cannot; can
D) cannot; cannot
E) In order to answer the question more information is needed about how long is the long run.
Correct Answer:
Verified
Q41: The short run is
A) less than one
Q42: Costs paid in money to hire a
Q43: The paramount goal of a firm is
Q44: The long run is a time period
Q47: The opportunity cost of a firm using
Q51: Which of the following is a list
Q56: The short run is a time period
Q57: For a business,opportunity cost measures
A) only the
Q58: To produce more output in the short
Q59: In the long run,
A) some resources are
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