Microeconomics
Microeconomics
21st Edition
ISBN: 9781259915727
Author: Campbell R. McConnell, Stanley L. Brue, Sean Masaki Flynn Dr.
Publisher: McGraw-Hill Education
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Chapter 9, Problem 2RQ

Which of the following are short-run and which are long-run adjustments? LO9.1

a.    Wendy’s builds a new restaurant.

b.    Harley-Davidson Corporation hires 200 more production workers.

c.    A farmer increases the amount of fertilizer used on his corn crop.

d.    An Alcoa aluminum plant adds a third shift of workers.

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