This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The long run is distinguished from the short run because only in the long run A) output prices ... (Read 57 times)

nmorano1

  • Hero Member
  • *****
  • Posts: 598
on: Jun 29, 2018
The long run is distinguished from the short run because only in the long run
 
  A) output prices can vary.
  B) factor of production prices can vary.
  C) the quantities of all factors of production can be varied.
  D) the firm no longer maximizes its profit.

Question 2

Technological efficiency necessarily means producing
 
  A) at minimum cost.
  B) with the highest level technology available.
  C) without using more inputs than necessary.
  D) technology itself.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

tofugiraffe

  • Sr. Member
  • ****
  • Posts: 319
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

C


nmorano1

  • Member
  • Posts: 598
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

steff9894

  • Member
  • Posts: 337
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Coca-Cola originally used coca leaves and caffeine from the African kola nut. It was advertised as a therapeutic agent and "pickerupper." Eventually, its formulation was changed, and the coca leaves were removed because of the effects of regulation on cocaine-related products.

Did you know?

The largest baby ever born weighed more than 23 pounds but died just 11 hours after his birth in 1879. The largest surviving baby was born in October 2009 in Sumatra, Indonesia, and weighed an astounding 19.2 pounds at birth.

Did you know?

Automated pill dispensing systems have alarms to alert patients when the correct dosing time has arrived. Most systems work with many varieties of medications, so patients who are taking a variety of drugs can still be in control of their dose regimen.

Did you know?

Individuals are never “cured” of addictions. Instead, they learn how to manage their disease to lead healthy, balanced lives.

Did you know?

It is difficult to obtain enough calcium without consuming milk or other dairy foods.

Long-day stimulation of flower development in Arabidopsis. Long-day stimulation of flower development in Arabidopsis.
The rate of evolution in short­ and long­lived plants The rate of evolution in short­ and long­lived plants
Hormones acting through the brain help regulate metabolism and short- and long-term appetite. Hormones acting through the brain help regulate metabolism and short- and long-term appetite.
Short, Upbeat Massage Sessions can Improve Mental Alertness. Short, Upbeat Massage Sessions can Improve Mental Alertness.
Brush off front to finish. Long brushing strokes from head to feet to finish. Brush off front to finish. Long brushing strokes from head to feet to finish.
The surface temperature of the star is 6000 K. At what wavelength is its light output a maximum The surface temperature of the star is 6000 K. At what wavelength is its light output a maximum
Video: Types of Shock (Part 2 of 2)

For a complete list of videos, visit our video library