The short-run in production is the time period when

ECONOMICS
WAEC 2019

The short-run in production is the time period when

  • A. techniques of production can easily be changed
  • B. all factors of production are variable
  • C. at least a factor is fixed while others are variable
  • D. variable factors cannot be changed

Correct Answer: C. at least a factor is fixed while others are variable



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