The short run is
A)a period of time in which all inputs are fixed.
B)a period of time in which all inputs are variable.
C)a period of time in which some inputs are fixed.
D)always less than a year.

Question

Quizplus · Accepted Answer

In the short run, some inputs are fixed while others are variable. For example, a firm may be able to vary the amount of labor it uses in the short run, but will be unable to change the amount of machinery or capital it has on hand. The short run can vary in length, but is typically less than a year.

The Short Run Is