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4. Which statement about time horizon in economics is correct ____? A. In the short-run, we have only variable inputs. B. In the long-run, every

4. Which statement about time horizon in economics is correct ____?

A. In the short-run, we have only variable inputs.

B. In the long-run, every input is variable.

C. In the short-run, we usually mean the horizon is less than one year.

D. In the long-run, producers are not able to exit the market freely.

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