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Q. |
The short run as the term is used in connection with the theory of the firm is a period of time: |
A. | Too short for the firm to vary all its inputs |
B. | No more than a week |
C. | Long enough for the firm to vary the quantity of all its inputs |
D. | In which the fixed costs are zero |
Answer» A. Too short for the firm to vary all its inputs |
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