Question

long turm Economic means​

Answer 1

Answer:

In the long-term, all factors of production are variable; no fixed factors exist, keeping in mind that such factors are normally capital and labor. ... Such movement means that more goods and services can be produced in an economy.

Answer 2

In the long-term, all factors of production are variable; no fixed factors exist, keeping in mind that such factors are normally capital and labor. ... Such movement means that more goods and services can be produced in an economy.