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    Business
  3. Study Set
    Foundations of Economics
  4. Exam
    Exam 10: Costs: Short Run and Long Run
  5. Question
    The Short Run
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The Short Run

Question 1

Question 1

Multiple Choice

The short run:


A) Is 1 week.
B) Is when a firm has at least one fixed factor of production.
C) Is when all the factors of production are variable.
D) Is when losses are made.

Correct Answer:

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