This topic contains a solution. Click here to go to the answer

Author Question: Which of the following is a long-run adjustment? a. A new economics professor is hired on campus. ... (Read 75 times)

kfurse

  • Hero Member
  • *****
  • Posts: 590
Which of the following is a long-run adjustment?
 a. A new economics professor is hired on campus.
  b. General Motors increases its orders for steel.
  c. Microsoft cuts back its hiring of new graduates.
  d. Glow Electric disassembles one of its nuclear power plants.
  e. Texaco buys more crude oil to refine into gasoline.

Question 2

Which of the following probably has the shortest long run?
 a. a law firm
  b. a steel mill
  c. an automobile plant
  d. a tire factory
  e. an aircraft engine factory



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

af

  • Sr. Member
  • ****
  • Posts: 356
Answer to Question 1

D

Answer to Question 2

A




kfurse

  • Member
  • Posts: 590
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it


ttt030911

  • Member
  • Posts: 315
Reply 3 on: Yesterday
Gracias!

 

Did you know?

In 1844, Charles Goodyear obtained the first patent for a rubber condom.

Did you know?

An identified risk factor for osteoporosis is the intake of excessive amounts of vitamin A. Dietary intake of approximately double the recommended daily amount of vitamin A, by women, has been shown to reduce bone mineral density and increase the chances for hip fractures compared with women who consumed the recommended daily amount (or less) of vitamin A.

Did you know?

During the twentieth century, a variant of the metric system was used in Russia and France in which the base unit of mass was the tonne. Instead of kilograms, this system used millitonnes (mt).

Did you know?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

For a complete list of videos, visit our video library