The long run is defined as the time period in which
Part 2
A.
the firm can vary only one input.
B.
the firm can make positive economic profits.
C.
the firm can alter its rate of production.
D.
all factors of production can be altered.
Part 2
A.
the firm can vary only one input.
B.
the firm can make positive economic profits.
C.
the firm can alter its rate of production.
D.
all factors of production can be altered.