The actual time length of the short run is determined by when diminishing marginal returns start

Indicate whether the statement is true or false

False. The actual time length of the short run is a function of how long it would take to adjust all inputs.

Economics

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What is strategic trade policy? What are the pros and cons of such a policy by a nation in its dealings with other nations?

Economics

Refer to the diagram. At output level Q total fixed cost is:



A. 0BEQ.
B. BCDE.
C. 0BEQ - 0AFQ.
D. 0CDQ.

Economics