The short run, as economists use the phrase, in characterized by ?
A. at least one fixed factor of production and firms neither leaving nor entering the industry.

B. a period where the law of diminishing returns does not hold

C. all inputs being variable

D. no variable inputs that is, all of the factors of production are fixed

Be the first to comment if anything wrong with this mcq
Your comment successfully submitted!
It will automatically posted after review and approval by our staff member.