Which of the following is a feasible choice variable,in the short run,for a grocery store?
A) increasing the price of bananas to $50 a pound
B) hiring 50 workers who are 10 years old,in violation of federal child labor laws
C) laying off 5 cashiers
D) building an addition to the store to add 10 more aisles
E) adding a bakery,which requires buying ovens and other equipment

Question

Quizplus · Accepted Answer

In the short run, laying off cashiers is a feasible choice variable for a grocery store as it can help reduce costs without requiring any long-term investment. The other options either involve long-term investment (such as building an addition or adding a bakery) or actions that violate labor laws (such as hiring underage workers or price gouging).

Which of the Following Is a Feasible Choice Variable,in the Short