Which of the following is fixed in the short run but NOT in the long run?
A) output
B) quantity of goods and services demanded
C) all input prices
D) at least one input price

Question

Which of the following is fixed in the short run but NOT in the long run?  
A) output 
B) quantity of goods and services demanded 
C) all input prices 
D) at least one input price

Quizplus · Accepted Answer

In the short run, at least one input price is fixed, while in the long run, all input prices can vary. Output, quantity of goods and services demanded, and all input prices are all variable in the long run.

Which of the Following Is Fixed in the Short Run