Assume a factory that currently employs 25 workers is considering adding another 5 workers to its payroll. Economists would classify this as:
A) a short-run decision.
B) a long-run decision.
C) neither a short-run nor a long-run decision.
D) both a short-run and a long-run decision.
A
Economics
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The economics of local school financing discourages school districts from attempting to maximize their tax base while minimizing enrollment size
Indicate whether the statement is true or false
Economics
The 95% confidence interval for the dynamic multipliers should be computed by using the estimated coefficient ±
A) 1.96 times the RMSFE. B) 1.96 times the HAC standard errors. C) 1.96, since the HAC errors are standardized. D) 1.64 times the HAC standard errors since the alternative hypothesis is one-sided.
Economics