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A house painting firm uses three inputs - labor, painting supplies and a room to store its supplies. The firm hires labor on weekly contracts,
A house painting firm uses three inputs - labor, painting supplies and a room to store its supplies. The firm hires labor on weekly contracts, it can buy the painting supplies daily, and it has a monthly lease on the storage room. Which of the following time periods would be considered long-run for this firm? Question 3 options: 2 weeks 2 months 3 days 24 hours
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