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7.2 Question 23 (Algo) Question Help OA. the time frame in which the firm can ch

ID: 1152466 • Letter: 7

Question

7.2 Question 23 (Algo) Question Help OA. the time frame in which the firm can change the amounts of all inputs of production, but not its technology B. C. O D. O E. usually nine months, but it depends on the accounting laws of each country. the time frame in which the firm can change the amounts of all inputs of production and its technology. the time frame in which the firm can change the amounts of some, but not all, inputs of production. a period of time that starts on January 1 and ends on December 31 of possibly another year. Click to select your answer and then click Check Answer All parts showing Clear All Check Answer

Explanation / Answer

Option A

Firm can change the amount of labour and capital to use. But, it can't change the technology with which it is working in the short run.

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