(Answered) The short run as economists use the phrase is characterised

Management Studies

The short run, as economists use the phrase, is characterised by:

a) all inputs being variable.

b) at least one fixed factor of production and firms neither leaving nor entering the industry.

c) a period where the law of diminishing returns does not hold.

d) no variable inputs - that is, all of the factors of production are fixed.

View complete question

Business Management, Management Studies

Category:- Business Management
Reference No.:- M91764394
Price:- $10

Verified Expert

Priced at $20 Now at $10, Verified Solution

Have any Question?Write your Review or question?

Related Questions in Business Management

1 how will social learning and social networks influence

1) How will social learning and social networks influence employee expectations about learning, training, and development?

Suppose labour and capital are perfect complements in

Suppose labour and capital are perfect complements. In particular, the producer needs to use 2 units of labour for each unit of capital. Suppose the producer is currently facing input prices w=$1 and r=$1, and is current ...

In a society that is high on power distance and femininity

In a society that is high on power distance and femininity, what kind of leadership style would you expect to find?

Very important assignmentthe alternative corporate growth

Very Important assignment The "Alternative Corporate Growth Strategies" grid, which I originally learned as the "Product Market Growth Matrix," is an excellent tool to learn. When companies experience a drop in sales in ...

A firm minimizes its costs by using inputs such that the

A firm minimizes its costs by using inputs such that the marginal product of labor is 10 and the marginal product of capital is 20. The price of capital is $10 per unit. What must the price of labor be?

There are many aspects to fulfilment within a job and the

"There are many aspects to fulfilment within a job and the dedication of efforts to the organization. Job satisfaction, commitment and involvement are all parts of the overall fulfilment perceived by employee and company ...

Bullhow could advertising be a barrier to entry could

• How could advertising be a barrier to entry? Could advertising reduce barriers to entry for a new product? • Presumably drug companies are trying to differentiate their products from the competition. Will consumers be ...

Last week you explored various recruitment methods be

Last week you explored various recruitment methods. be considering three candidates for the position of administrative assistant at your company. Prior to beginning work on this discussion, review the article What Are th ...

Please elaborate your understanding about how rfid and nfc

Please elaborate your understanding about how RFID and NFC work. What are the current security considerations and challenges?

How does emily see her job from the standpoint of

How does Emily see her job from the standpoint of motivating Flight 001 employees? What motivates her?

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Business Management Expert