menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Microeconomics Study Set 8
  4. Exam
    Exam 7: Technology Production and Costs
  5. Question
    Which of the Following Is a Characteristic of the Long
Solved

Which of the Following Is a Characteristic of the Long

Question 233

Question 233

Multiple Choice

Which of the following is a characteristic of the long run?


A) there are fixed inputs.
B) all inputs can be varied.
C) plant capacity cannot be increased or decreased.
D) there are both fixed and variable inputs.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q1: Describe the difference between technology and positive

Q39: A firm increased its production and sales

Q85: Average variable cost can be calculated using

Q193: If we have information about workers' marginal

Q232: Over the past twenty years, the number

Q234: In the short run, why does a

Q235: Figure 7.14 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1015/.jpg" alt="Figure 7.14

Q237: What is marginal cost?<br>A)Change in average cost

Q238: Figure 7.2 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1015/.jpg" alt="Figure 7.2

Q322: As output increases,<br>A)average variable cost becomes smaller

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines