Figure 7.4.1 -Refer to Figure 7.4.1 Above. an Increase in Production, from Production

Multiple Choice

Figure 7.4.1
-Refer to Figure 7.4.1 above. An increase in production, from q₁ to q₂:

A) is more costly in the short run than in the long run.
B) uses more capital in the short run.
C) uses less inputs in the long run.
D) costs the same in the short run or in the long run.