The short run is a time period during which
A) some of the firm's resources are fixed.
B) all of the firm's resources are fixed.
C) all of the firm's resources are variable.
D) the fixed cost equals zero.
E) the firm cannot increase its output.
A
Economics
You might also like to view...
Special-interest legislation that imposes costs broadly over many taxpayers can be enacted because
a. taxpayers benefit from this type of legislation b. taxpayers remain rationally ignorant of the legislation c. only the wealthy pay these taxes d. these taxes are actually borne by a minority of taxpayers e. the Constitution requires special-interest legislation
Economics
_______________________ specifies the relation between technology and the factor inputs to output
A) Neoclassical growth theory B) Meta-ideas C) The LRAS curve D) A production function
Economics