in the long run: a production choices are more limited than in the short run. b the firm considers all inputs as variable. c the average total cost curve is horizontal. d there are no costs. e the firm considers all inputs as fixed.

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04-11-2022
Business

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in the long run: a production choices are more limited than in the short run. b the firm considers all inputs as variable. c the average total cost curve is horizontal. d there are no costs. e the firm considers all inputs as fixed.

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baliyansmiriti baliyansmiriti · Answer 1 · 2022-11-08T01:15:12-05:00

In the long run the firm considers all inputs as variable.

A variable enter is a useful resource or thing of manufacturing which may be modified withinside the quick run via way of means of a organization because it seeks to extrade the amount of output produced. Most corporations use numerous variable inputs in quick-run manufacturing, specifically labor, fabric inputs, and energy.

Econ Guru's Economic Glossary (reference below) defines variable enter as an enter whose amount may be modified withinside the term below consideration. EconGuru is going directly to say: “This ought to be right now as compared and contrasted with constant enter. The maximum not unusual place instance of a variable enter is labor.

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