In the last three decades, air quality in American cities has improved.

Which of the following would be classified as a short-run decision?

A) A firm's decision to decrease the amount of electricity used in day-to-day operations by encouraging employees to adopt conservation strategies, e.g., shut off lights when leaving a room. B) A restaurant's decision to increase the number of patrons it can accommodate by adding on a new dining room. C) A trucking firm's decision to move to a smaller facility. D) A university's decision to add a new residence hall.

When the English pound appreciated against a colonial currency, this signaled

(a) that colonists needed more colonial currency to buy an English pound. (b) that colonists needed less colonial currency to buy an English pound. (c) that colonists needed more colonial and Spanish currency to buy an English pound. (d) nothing of economic importance.