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    Managerial Economics and Strategy Study Set 2
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    Exam 8: Competitive Firms and Markets
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    The Short Run Is
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The Short Run Is

Question 28

Question 28

Multiple Choice

The short run is


A) usually 3-6 months.
B) dependent on the characteristics of the industry.
C) when a firm has to decide whether or not to exit.
D) identical to the long run for most firms.

Correct Answer:

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