Which of the following can a firm do in the long run but not in the short run?
A) decrease the size of its physical plant B) reduce its rate of output by laying off workers
C) increase its use of raw materials D) increase its variable costs
A
Economics
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In the U.S., taxes are paid on one's _____ gains/returns. Therefore, a _____ inflation rate encourages more saving
Fill in the blank(s) with correct word
Economics
The collection and use of data to test economic theories is
A. empirical economics. B. descriptive economics. C. positive economics. D. normative economics.
Economics