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Question 17

The long run is a period when

  • A.only the variable factors can be altered
  • B.all factors become variable
  • C.the firm will cease to exist
  • D.only the fixed factors can be altered
Objective

Question details

Exam body
WAEC
Subject
Economics
Year
2016
Question no.
#17
Type
Objective
Previous · Q16An entrepreneur is encouraged to adopt division of labour in production because… Next · Q18 The necessary condition for a firm to be in equilibrium is that marginal revenue…

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