Which of the following is true in the short run? Question 15 options: at least one factor of production is fixed. all factors of production are fixed. a firm can earn a normal profit. all factors of production are variable.
Which of the following is true in the short run? Question 15 options: at least one factor of production is fixed. all factors of production are fixed. a firm can earn a normal profit. all factors of production are variable.
Chapter2: Productions Possibilities, Opportunity Costs, And Economic Growth
Section: Chapter Questions
Problem 19SQ
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Question
Which of the following is true in the short run?
Question 15 options:
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at least one factor of production is fixed.
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all factors of production are fixed.
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a firm can earn a normal profit.
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all factors of production are variable.
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