Short-Run Decisions Refer to The

Multiple Choice

Short-run decisions refer to the:

A) hourly, daily, or weekly decisions that firms have to make.
B) immediate decisions that firms have to make that affect the production process, not level of output.
C) immediate decisions that firms have to make that affect level of output, but not the production process.
D) decisions a firm has to make immediately to prepare for either entering or exiting an industry.