

MCQOPTIONS
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1. |
In the long run ? |
A. | all firms must make economic profits. |
B. | there are no fixed factors of production |
C. | a firm can vary all inputs, but it cannot change the mix of inputs it uses. |
D. | a firm can shut down, but it cannot exit the industry |
Answer» C. a firm can vary all inputs, but it cannot change the mix of inputs it uses. | |