The short run:

Question

The short run:

Quizplus · Accepted Answer

In the short run, at least one of the inputs used in production is fixed and cannot be changed. This means that the firm cannot increase or decrease that input to change the level of output. However, the firm can still change its variable inputs to try to achieve the desired level of output. Therefore, option A is the correct answer. Options B and C are not necessarily true in the short run. In the short run, the firm can change its level of output by changing the quantity of variable inputs used, and the price of output may or may not be fixed.

The Short Run