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16 March, 06:43

Which statement is descriptive of the long run rather than the short run?

The firm must pay an electric bill that varies each month as well as a mortgage payment of $10,000 per month.

The firm is trying to increase its amount of output by adding an extra shift so that its equipment is in use more hours of the day.

A firm is deciding how much of its equipment to sell so that it can reduce its monthly loan payments for equipment.

A firm is deciding how many workers to use in its production line.

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  1. 16 March, 09:01
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    A firm is deciding how much of its equipment to sell so that it can reduce its monthly loan payments for equipment.
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