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A Firm Can Use a Given Plant More Intensively and It

Question 172

Multiple Choice

A firm can use a given plant more intensively and it can change the size of a plant. When it uses a given plant more intensively, it is holding one factor __________ and therefore the time period of production is most likely the __________.


A) fixed; short run
B) fixed; long run
C) more important than another; long run
D) more important than another; short run

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