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    Exam 13: Production and Cost
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    The Short Run Is a Time Period That Is
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The Short Run Is a Time Period That Is

Question 86

Question 86

Multiple Choice

The short run is a time period that is


A) equal to a day.
B) too short to change the amount of labour hired.
C) too short to change the amount of ANY resource the firm employs.
D) too short to change the size of the firm's plant.
E) long enough to change the size of the firm's plant.

Correct Answer:

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