The short-run period in production is defined as a period...
The short-run period in production is defined as a period when
There is at least one fixed factor
All costs of production must be covered
The output cannot be varied
Current output is not profitable
Correct answer is A
No explanation has been provided for this answer.
If Mr Wale took a loan for the purpose of investment, the demand for money is________________? ...
Why is the law of diminishing returns a short run phenomenon? ...
The National Electrical Power Authority (NEPA) in Nigeria is a ...
Which of the following are direct taxes? ...
The movement of labour from one grade to an entirely different grade is an example of ...
The dispersal of people in a country is called ...
An inverse relationship between price and quantity demanded implies that ...
When a generalization is made based on observed facts, it is known as ...
Industries that can be randomly located are characterized by ...