Assume a certain firm regards the number of workers it employs as variable but regards the size of its factory as fixed. This assumption is often realisticSingle choice

A

a. in the short-run but not in the long-run.

B

b. in the long-run but not in the short-run.

C

c. both in the long-run and in the short-run.

D

d. neither in the short-run nor in the long-run.

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Part 1What is the short​ run? What is the long​ run? Part 1In​ economics, the short run is the time frame in which​ _______ and the long run is the period of time in which​ _______. A. the quantities of all factors of production are​ fixed; the quantities of all factors of production can be varied B. the quantities of some factors of production are​ variable; the quantities of all factors of production are fixed C. the quantities of all factors of production are variable but technology is​ fixed; sunk costs are variable D. the quantities of some factors of production are​ fixed; the quantities of all factors of production can be varied

14. Which of the following companies has the longest short run? A.    A bakery B.    A band C.    A phone app company D.    A tulip grower

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