In: Economics
The short run is that period in which a firm
Select one:
a. can increase production only by increasing all inputs by the same proportion.
b. can't increase production at all.
c. can vary some inputs, but others are fixed.
d. is free to vary all inputs.
The answer is C -) can vary some inputs , but others are fixed.
because short run is that period of production , where a firm cannot increase its fixed input of produciton such as land, capital, machinery ,etc. The firm can only change its variable input that is labor.