Increase in supply due to changes in plant size will take...
Increase in supply due to changes in plant size will take place only in the
Normal time
Long time
Market period
Short run
Correct answer is B
The long run is a period of time in which all factors of production and costs are variable. In the long run, firms are able to adjust all costs, whereas, in the short run, firms are only able to influence prices through adjustments made to production levels.
In a joint-stock company, the shareholders are the ...
At every point on a indifference curve, the ...
The raising of funds by selling stocks to the public is called ...
Which of the following is a form of business enterprise? ...
Two principal ways by which banks can lend money to their customers are through ...
The savings deposit in a commercial bank is called ...
Which of the following is compatible with a firm in a purely competitive market? ...
In order to build up its capital stock, the typical less-developed country should ideally ...