In the long run all factors of production are
...In the long run all factors of production are
Expensive
Variable
Durable
Fixed
Correct answer is B
The long run is a period in production where factors of production are variable/changes.
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The diagram shows the total utility curve. At the point M, marginal utility ...
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Which of the following market structure are imperfect in competition? i. Monopoly ii. Duopoly i...
The average total cost when 20 units are produced is ...