The long run is defined asa the horizon in which the, Ask an Expert

Economics

The long run is defined as:

a. the horizon in which the manager can adjust all factors of production.

b. the horizon in which there are only fixed factors of production.

c. the horizon in which there are both fixed and variable factors of production.

d. greater than one year.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91373288

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