Which of the following is most likely a long-run decision for a firm?
A)The hours a store should stay open.
B)How many warehouses to build.
C)The number of workers to hire.
D)The amount of inventory to stock.
E)The price at which to sell the product.

Question

Quizplus · Accepted Answer

Building warehouses is a costly and time-consuming investment that can affect the firm's operations and distribution channels in the long run. The other options are more short-term decisions that can be adjusted or revisited more frequently.

Which of the Following Is Most Likely a Long-Run Decision