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    Principles of Micro Economics
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    Exam 3: Economic Concepts and Principles in Business Operations
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    The Short Run Is a Time Period in Which
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The Short Run Is a Time Period in Which

Question 11

Question 11

Multiple Choice

The short run is a time period in which:


A) all resources are fixed.
B) the level of output is fixed.
C) the size of the production plant is variable.
D) some resources are fixed and others are variable.

Correct Answer:

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