The basic characteristic of the short run is that:
A. barriers to entry prevent new firms from entering the industry
B. the firm does not have sufficient time to change the size of its plant
C. the firm does not have sufficient time to cut its rate of output to zero
D. a firm does not have sufficient time to change the amounts of any of the resources it employs.
Solved
Show answers
More tips
- C Computers and Internet War of Social Media: Which Platform is the Leader?...
- H Health and Medicine How to Treat the Flu: A Comprehensive Guide...
- O Other What is a Disk Emulsifier and How Does it Work?...
- H Health and Medicine How to Calm Your Nerves? Expert Tips That Actually Work...
- A Animals and plants 5 Tips for Taking Care of Yews to Keep Them Green and Beautiful...
- S Sport How to wrap boxing hand wraps? Everything you need to know!...
- F Food and Cooking 10 Reasons Why You Should Avoid Giving Re-Gifts: An Informative Guide...
- F Family and Home Tender Care for Your Parquet: Is it Possible to Clean Parquet?...
- S Style and Beauty How Are Eyelash Extensions Applied? All Your Questions Answered...
- F Food and Cooking 10 Tips for Proper Sushi Consumption...
Answers on questions: Business
- M Mathematics Savior is using square tiles to cover up a table top the towels are 1 1/2 inches on each side of the table top is seven and 1 1/2 inches wide and 13 1/2 inches long...
- M Mathematics What is the difference between the mean of each set? a) 4b) 5c) 7d) 9...
- H History What was the importance of the nicene creed?...
- B Business Oriole company sells office equipment on july 31, 2022, for $20,280 cash. the office equipment originally cost $78,950 and as of january 1, 2022, had accumulated...
Ответ:
Option (B) is correct.
Explanation:
The basic characteristic of the short run is that the firms don't have much time to adjust its size because it engages in a market for a shorter period of time. Alternatively, in a long run, the firms have much time to adjust their output and the size of their plant overtime.
And the firms are facing both the fixed cost as well as variable costs, this means that the wages, prices and output don't have freedom to reach to the new equilibrium.
Ответ:
Business writers should have a definite purpose to fulfill in each message
Explanation:
The communication needs to be effective and for that it needs an specific goal to be in mind when writing.