Multiple Choice
Of the following,which is the least likely to represent a firm's long-run decision?
A) What should be the size and design of a firm's new plant?
B) Should the firm choose a method of production that uses relatively more capital than labour?
C) By how much should output be expanded from existing plants?
D) Should the firm invest resources in the development of better technologies?
E) What technique (technology) is the best to use under current factor pricing?
Correct Answer:

Verified
Correct Answer:
Verified
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