For each of the following decisions determine whether the manager is in
-An office manager decides to add 5 new PC's.
A) short run
B) long run

Question

For each of the following decisions determine whether the manager is in 
-An office manager decides to add 5 new PC's.
A) short run
B) long run

Quizplus · Accepted Answer

In the short run, firms can make decisions that affect production without altering their fixed inputs. Adding new PCs is an example of a short-run decision where the office manager is adjusting variable inputs (like the number of computers) without making significant changes to fixed inputs or the overall scale of operations.

For Each of the Following Decisions Determine Whether the Manager