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    Economics Today Study Set 1
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    Exam 22: The Firm: Cost and Output Determination
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    The Short Run Is
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The Short Run Is

Question 293

Question 293

Multiple Choice

The short run is


A) a year or less.
B) up to three years.
C) the period of time in which the firm can vary its rate of output.
D) the period of time in which the firm cannot change its use of at least one input.

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