6. Which of the following are short-run and which are long-run adjustments? LO3 a. Wendys builds a...

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6. Which of the following are short-run and which are long-run adjustments? LO3

a. Wendy’s builds a new restaurant.

b. IBM hires 200 more software engineers.

c. A farmer increases the amount of fertilizer used on his corn crop.

d. An Alcoa aluminum plant adds a third shift of workers.

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Essentials Of Economics

ISBN: 9780073511313

2nd Edition

Authors: Stanley L. Brue, Campbell R. McConnell, Sean M. Flynn

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