A period of time in which all factors of production and costs are variable is called Select one: a. Short run production. b. Long Run Production. c. Law of Diminishing Marginal Returns. d. All the above
A period of time in which all factors of production and costs are variable is called Select one: a. Short run production. b. Long Run Production. c. Law of Diminishing Marginal Returns. d. All the above
Chapter1: Making Economics Decisions
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![A period of time in which all factors of
production and costs are variable is called
Select one:
a. Short run production.
b. Long Run Production.
c. Law of Diminishing Marginal Returns.
d. All the above](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fb4923397-866a-41b1-a364-e56a2d75a5fc%2F1a0998ce-c66c-4e2a-a0fd-9c5d1667af33%2Fi22aoy_processed.jpeg&w=3840&q=75)
Transcribed Image Text:A period of time in which all factors of
production and costs are variable is called
Select one:
a. Short run production.
b. Long Run Production.
c. Law of Diminishing Marginal Returns.
d. All the above
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