The short run is that period in which a firm Select one: a. can increase production...

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.

Solutions

Expert Solution

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.

Rahul Sunny answered 2 years ago

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