The short run:

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Question:
  The short run:

1.Is less than one year

2.Requires that at least one input is fixed

3.Requires that all inputs are fixed

4.Is just long enough to permit entry and exit

Posted Date:-2021-08-16 08:24:39

More MCQS Questions and answers

  1. For production of goods we need factors:
  2. Land is:
  3. The cost which a firm incurs for purchasing or hiring factors is called:
  4. The short run:
  5. The transformation of resources into economic goods and series is called:
  6. Which of the following factors takes risk innovates and coordinates:
  7. All inputs can be varied:
  8. As output increases AC curve:
  9. As output increases:
  10. Economic development of a country requires:
  11. Economic goods produced by firms are called:
  12. Labour is hirable but you cannot hire:
  13. Land :
  14. Land means:
  15. MC is given by:
  16. Productivity of land can be raised by:
  17. TC
  18. Which of the following input factor takes risk innovtes and coordinates:
  19. Which of the following is correct with respect to resources:
  20. Which of the following is NOT and input:
  21. Which statement is true:
  22. All the following are U-shaped Except:
  23. An example of natural resources is:
  24. Excise tax is a part of:
  25. Geographical mobility is not possible for:
  26. In Monopoly at various output levels:
  27. Natural environment that can be used for the production of goods and services is:
  28. Productivity of land can be raised by:
  29. Standard of living of a country can be raised if it increases:
  30. TC
  31. The following is NOT a factor of production:
  32. The long run is a:
  33. The shape of rectangular hyperbola is made by:
  34. The three broad types of productive resources are:
  35. The transformation of resources into economic goods and services is:
  36. TVC
  37. Unit cost is another name for:
  38. Which is NOT a cause of shift in cost curves of a firm:
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