Author Question: The production period in which at least one input is fixed in quantity is the A) production run. ... (Read 47 times)

leo leo

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The production period in which at least one input is fixed in quantity is the
 
  A) production run.
  B) long run.
  C) short run.
  D) planning horizon.

Question 2

If banks face a problem in loan markets when bad credit risks are the ones most likely to seek bank loans, it is described as
 
  A) moral hazard.
  B) moral suasion.
  C) adverse selection.
  D) fraud.



yotaSR5

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Answer to Question 1

C

Answer to Question 2

C



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