The short run is a period of time
A)less than one year
B)greater than one year
C)during which all resources are variable
D)during which at least one resource is fixed
E)during which at least one resource is variable

Question

Quizplus · Accepted Answer

In the short run, at least one resource is fixed, meaning it cannot be changed, while others are variable. Therefore, the best choice is D, which states that at least one resource is fixed in the short run.

The Short Run Is a Period of Time