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Katie32 Katie32
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2 months ago

The main difference between the short run and the long run is that



firms earn losses in the long run, but not in the short run.



the long run always refers to a time period of one year or longer.



in the long run, only one input can be fixed.



in the short run, one or more inputs are fixed.



none of the above

Textbook 
Economics

Economics


Edition: 12th
Author:
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browntown345browntown345
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2 months ago
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in the short run, one or more inputs are fixed.



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Katie32 Author
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2 months ago
Smart ... Thanks!
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Brilliant
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2 hours ago
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