In the long run
A)All inputs are fixed
B)Only capital inputs are fixed
C)All intermediate goods are fixed
D)All inputs are variable

Name: In the long run A)All inputs are fixed B)Only capital inputs are fixed C)All intermediate goods are fixed D)All inputs are variable
Brand: Quizplus
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Question

Quizplus · Accepted Answer

In the long run, all inputs are variable, meaning firms can adjust all factors of production, including labor, capital, and other resources, to achieve optimal production levels.

In the Long Run