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Pois0n Pois0n
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2 months ago

Which of the following statements is true?



▸

The short run is always somewhere between six and twelve months.



▸

In the short run, changes in output can only be brought about by a change in the quantity of variable inputs.



▸

The long run is any period of time over one year.



▸

In the short run, there are variable costs but no fixed costs.



▸

b and d

Textbook 
Economics

Economics


Edition: 12th
Author:
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kayekalicokayekalico
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2 months ago
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In the short run, changes in output can only be brought about by a change in the quantity of variable inputs.
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Pois0n Author
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2 months ago
This helped my grade so much Perfect
logbi
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Yesterday
Thank you, thank you, thank you!
kc123
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2 hours ago
Thanks
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