The length of the short run is the same for all firms

Indicate whether the statement is true or false

False. Firms differ in their ability to change the amount of capital they employ. Therefore, the short-run period is likely different for firms in different industries.

Economics

You might also like to view...

Refer to Table 23-2. Using the table above, compute aggregate expenditure and identify the macroeconomic equilibrium

What will be an ideal response?

Economics

Over the air television signals are ____________ ; television signals available through cable are

a. Public goods, public goods b. Public goods, private goods c. Private goods, private goods d. Private goods, public goods

Economics