Multiple Choice
In a firm's planning horizon,the long run refers to
A) a period of one year or more
B) the term to which the current board of directors has been elected
C) the period during which all of the firm's inputs can be varied
D) the period during which at least one of the firm's inputs is fixed
E) the period during which the level of available technology is fixed
Correct Answer:

Verified
Correct Answer:
Verified
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