In the short-run: All inputs are variable Some inputs are fixed and some inputs are variable There
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In the short-run:
- All inputs are variable
- Some inputs are fixed and some inputs are variable
- There are no fixed inputs
- The firm is not restricted in how much it can produce
Related Book For
Financial Management for Public Health and Not for Profit Organizations
ISBN: 978-0132805667
4th edition
Authors: Steven A. Finkler, Thad Calabrese
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