v. A long run is a time period: a. Long enough for consumers and producers to adjust

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v. A long run is a time period:

a. Long enough for consumers and producers to adjust to any new situation.

b. In which industrial capacity is assumed to be given.

c. All factors are fixed.

d. Technology is given.

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Managerial Economics

ISBN: 978-9387067622

3rd Edition

Authors: Geetika

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Question Posted: Nov 08, 2024 03:00 AM

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v. A long run is a time period: a. Long enough for consumers and producers to adjust

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Managerial Economics

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