Which of the following is involved in a competitive firm's short-run production decision?

Question

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A competitive firm's short-run production decision involves choosing a rate of output using the existing plant and equipment. This decision involves determining the optimal level of production by considering input costs and revenue from sales. Option A involves a long-term decision since building a new factory involves significant capital investment. Option C involves changing the entire production process, which is also a long-term decision. Option D involves pricing decisions, which is a marketing decision and not directly related to the production decision.

Which of the Following Is Involved in a Competitive Firm's