With respect to production, the short run is best defined as a time period
1) lasting about two years
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2) in which at least one input is fixed
3)lasting about six months
4)in which all inputs are fixed
Answers
Answer: 2).In which at least one is fixed.
Explanation: 1). When referring to a production cycle with at least one fixed factor, we use the term "short-run production."
2).The majority of businesses use a variety of factors to manufacture their goods and services. 3).They are sometimes referred to as input factors and might include things like labour, supplies, machinery, money, and real estate. Some of these elements might stay fixed, which means they won't alter during the course of production. 4).Other elements might change. In the short run, at least one of these elements is constant.
5)..Production cycles in the industrial sector are frequently divided into short-run and long-run categories. Long-run production is the focus of some 6)..manufacturing companies, while short-run production is the focus of others. Despite the fact that they both include transforming raw materials into finished or partially finished goods,
Answer:
2
Explanation: short run have some variable and fixed input