Question 1
A firm has no fixed factors of production in
◦ the short run.
◦ the long run.
◦ the short run and in the long run.
◦ neither the short run nor the long run.
Question 2
A firm has no fixed factors of production in
◦ the short run.
◦ the long run.
◦ the short run and in the long run.
◦ neither the short run nor the long run.