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1.The main difference between the short run and the long run is that: 2.The long run is a period of time, or a time-frame, in
1.The main difference between the short run and the long run is that:
2.The long run is a period of time, or a time-frame, in which:
3.Marginal product of labor refers to the:
4.According to the law of diminishing marginal returns
5.Diminishing marginal returns occurs as a firm adds more variable inputs to at least one fixed input because:
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