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  2. Topic
    Business
  3. Study Set
    Economics for Managers
  4. Exam
    Exam 5: Production and Cost Analysis in the Short Run
  5. Question
    The "Long Run" Is Defined as a Period of Time
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The "Long Run" Is Defined as a Period of Time

Question 2

Question 2

True/False

The "long run" is defined as a period of time long enough for the quantities of all of the inputs to production to vary.

Correct Answer:

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