Which of the following is a short run adjustment?
A) A bakery hiring two additional bakers.
B) Two new firms enter the textile industry.
C) Three firms leave the bicycle industry.
D) A computer hardware company builds a new factory.

Question

Quizplus · Accepted Answer

Hiring two additional bakers is a short run adjustment because it can be done quickly to adjust to changes in demand or production in the short term. The other options involve long-term decisions that cannot be quickly reversed.

Which of the Following Is a Short Run Adjustment