In economics, "the long-run" is referred to as a period in which the amounts of capital are variable. a period in which the amounts of all factors of production can be changed. a period in which the amounts of labour are fixed. a period in which the amounts of all factors of production are fixed.

In economics, "the long-run" is referred to as a period in which the amounts of capital are variable. a period in which the amounts of all factors of production can be changed. a period in which the amounts of labour are fixed. a period in which the amounts of all factors of production are fixed.

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter11: The Firm: Production And Costs

Section: Chapter Questions

Problem 15P

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Please assist on answering the questions below

In economics, "the long-run" is referred to as
a period in which the amounts of
capital are variable.
a period in which the amounts of all
factors of production can be changed.
a period in which the amounts of labour
are fixed.
a period in which the amounts of all
factors of production are fixed.

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