How long does it take a firm to get to the long run?
a. one week
b. one month
c. one year
d. it depends on the firm--some firms may be less than a year, some more.
d
Economics
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A study that compares the costs and benefits to society of providing a public good is called externality analysis
a. True b. False Indicate whether the statement is true or false
Economics
In this graph for the marginal costs and benefits of pollution controls, investing more capital and labor to reduce pollution is efficient at ______.
a. Q1
b. Q2
c. Q*
d. both Q1 and Q2
Economics