Which of the following is the best example of a short run adjustment?
A)A local bakery purchases another commercial oven as part of its capacity expansion.
B)Your local Rona hires two more associates.
C)Smith University completed negotiations to acquire a large piece of land to build its new library.
D)Toyota builds a new assembly plant in Ontario.

Question

Quizplus · Accepted Answer

Hiring two more associates at a local Rona store would be a short run adjustment as it involves a quick change in the firm's immediate labor input. The other options involve long-term capital investments or strategic decisions that would take more time and planning to implement.

Which of the Following Is the Best Example of a Short