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The Short Run Refers to a Time Period

Question 119

Multiple Choice

The short run refers to a time period


A) of one year or less.
B) in which all factors of production are variable.
C) in which all factors of production are fixed.
D) in which some factors of production are variable,but at least one factor of production is fixed.
E) in which all factors of production are variable,but the technology is fixed.

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