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Other Fields Homework Help Economics Topic started by: Loraine on Jun 21, 2015



Title: The long run is a time period that is
Post by: Loraine on Jun 21, 2015
The long run is a time period that is
A) five years or longer.
B) long enough to change the amount of labor employed.
C) long enough to change the size of the firm's plant and all other inputs.
D) long enough to change the amount of labor employed but not to change the size of the plant.
E) None of the above answers describes the long run.


Title: Re: The long run is a time period that is
Post by: Chimelo46 on Jul 30, 2015
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Title: Re: The long run is a time period that is
Post by: Chimelo46 on Aug 31, 2015
Glad to help you, and good luck with your course.