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    Essentials of Economics Study Set 4
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    The Long Run Refers To
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The Long Run Refers To

Question 41

Question 41

Multiple Choice

The long run refers to:


A) A time period longer than one year.
B) A time period less than one year.
C) A period of time long enough for all inputs to be varied.
D) The time period required for a firm to cycle its inventory.

Correct Answer:

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