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Which of the Following Is True About Short-Run and Long-Run

Question 126

Multiple Choice

Which of the following is true about short-run and long-run pricing decisions?


A) Short-run decisions include pricing for a special order with no long-term implications.
B) Short-run decisions typically have a time horizon of two years or more.
C) Short-run decisions include pricing a main product in a major market.
D) Long-run decisions include pricing for a special order with no short-term implications.

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