The time period during at least one input cannot be changed is the
A) production time.
B) calendar year.
C) long run.
D) short run.

Question

Quizplus · Accepted Answer

The short run refers to a period of time in which at least one input is fixed or cannot be changed. In contrast, the long run refers to a period of time in which all inputs can be changed. Production time and calendar year do not necessarily have a fixed input, so they are not the correct choices.

The Time Period During at Least One Input Cannot Be