Solved

Ajax Corporation Has Recently Finished Building a New Factory

Question 105

Multiple Choice

Ajax Corporation has recently finished building a new factory. They moved into the factory a month ago and found that it is the perfect size given the amount they want to produce. Ajax is now operating in the


A) production time.
B) corporation time.
C) long run.
D) short run.

Correct Answer:

verifed

Verified

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

Related Questions

Q100: The long run is defined as the

Q101: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -Refer to the

Q102: "If an industry's minimum efficient scale is

Q103: When long-run average costs rise as output

Q104: Fixed costs are<br>A) costs that never change.<br>B)

Q106: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -In the above

Q107: Notice the costs as given in the

Q108: In the short run, the additional output

Q109: The change in total variable cost which

Q110: If the marginal product curve is increasing