Which of the following is the best example of a short-run adjustment?
A) A local bakery purchases another commercial oven as part of its capacity expansion.
B) Your local Wal-Mart hires two more associates.
C) Smith University completed negotiations to acquire a large piece of land to build its new library.
D) Toyota builds a new assembly plant in Texas.
Correct Answer:
Verified
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Q39: A characteristic of the long run is
A)there
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A)accounting profit
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