McDonald's is a fast-food restaurant chain. Which of the following would be a long-run decision for McDonald's?
A) open a new restaurant in a city
B) hire one more worker in a restaurant location
C) supply more hamburgers in one restaurant
D) replace the manager of a restaurant
Correct Answer:
Verified
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A) is
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Q15: Which of the following would be a
Q17: The long run is defined as the
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Q19: In economics, how long is the long
Q20: The short run is
A) a year or
Q21: If the firm can vary all factors
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