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Which of the following would be considered long-run choices? Which are short-run choices? Why? a)A dentist hires a new part-time dental hygienist. b)The local oil
Which of the following would be considered long-run choices? Which are short-run choices? Why?
a)A dentist hires a new part-time dental hygienist.
b)The local oil refinery plans a complete restructuring of its productionprocesses,including relocating the plant.
c)A farmer increases the quantity of water applied to his or her fields.
d)A law partnership signs a 3-year lease for an office complex.
e)The university hires a new football coach on a 3-year contract
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