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    Microeconomics Study Set 44
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    Exam 11: Behind the Supply Curve: Inputs and Costs
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    The Long Run Is
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The Long Run Is

Question 21

Question 21

Multiple Choice

The long run is:


A) long enough to vary the quantities of all factors of production.
B) long enough to vary all factors of production except for the amount of capital available.
C) more than one month.
D) at least one year.

Correct Answer:

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