Multiple Choice
Which of the following factors is fixed in the long run?
A) capital
B) land
C) entrepreneurship
D) none of the above because all factors are variable in the long run
Correct Answer:
Verified
Correct Answer:
Verified
Q461: The law of diminishing returns states that
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Q463: Which average cost curves are U-shaped?
Q464: Jefferson's Cleaners<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt="Jefferson's Cleaners
Q465: A student wrote: "When the average product
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