In the short run, a firm that produces and sells house paint can adjust
A)where to produce along its long-run average-total-cost curve.
B)the size of its factories.
C)how many workers to hire.
D)All of the above are correct.

Question

Quizplus · Accepted Answer

In the short run, a firm can adjust its production by changing the number of workers it hires. It may not be feasible or cost-effective for the firm to change the size of its factories or where it produces along its long-run average-total-cost curve in the short run.

In the Short Run, a Firm That Produces and Sells