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    Economics-Microeconomics
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    Exam 11: Output and Costs
  5. Question
    The Short Run Is a Period of Time in Which
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The Short Run Is a Period of Time in Which

Question 195

Question 195

Multiple Choice

The short run is a period of time in which


A) the quantity of at least one factor of production is fixed.
B) the amount of output is fixed.
C) prices and wages are fixed.
D) nothing the firm does can be altered.

Correct Answer:

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