The short run is
A. a period of time during which all inputs can be changed.
B. a period of time during which no inputs can be changed.
C. a period of time during which at least one input cannot be changed.
D. a period of time shorter than one year.
Answer: C
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a. gasoline b. Chevrolet automobiles c. fresh tomatoes d. provolone cheese
What is a price ceiling and why must it be below the equilibrium price to be effective?
What will be an ideal response?
The 2009 fiscal stimulus bill represented approximately
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