The short run is a period in which

all factors of production can be variedCorrect answerYour answerno factor can be variedCorrect answerYour answeroutput is always zeroCorrect answerYour answerat least one factor of production is fixedCorrect answerYour answer

Show the answer and explanation

CorrectNot quiteAnswer D

Correct answer: D

In the short run a firm can change some inputs, such as labour, but not others, such as its factory.
In the long run every input can be varied.

Concept: Short run
Typical timeTypical: 40 s
Your timeYours: —

The rule this testsShort run and long run

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The short run is a period in which

Explanation