Question: 1.The main difference between the short run and the long run is that: 2.The long run is a period of time, or a time-frame, in

1.The main difference between the short run and the long run is that:

2.The long run is a period of time, or a time-frame, in which:

3.Marginal product of labor refers to the:

4.According to the law of diminishing marginal returns

5.Diminishing marginal returns occurs as a firm adds more variable inputs to at least one fixed input because:

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