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



Title: The long run refers to a time period
Post by: Tidy on Jun 21, 2015
The long run refers to a time period
A) during which a firm is able to purchase all of its inputs, including its plant and equipment.
B) long enough for a firm to vary all of its inputs, to adopt new technology and change the size of its physical plant.
C) long enough for a firm to pay all of its creditors in full.
D) long enough for a firm to change the use of its variable inputs.


Title: Re: The long run refers to a time period
Post by: Smoooth on Jul 28, 2015
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Title: Re: The long run refers to a time period
Post by: Smoooth on Aug 31, 2015
No problemo :-]