ECO 2301

Last update by kendallholekamp on 11/30/2012
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During the short-run period of the production process, a firm is:
A. unable to vary any of its factors of production.
B. able to vary only some of its factors of production.
C. able to vary all of its factors of production.
D. able to vary the size of its plant.
E. unlikely to experience diminishing marginal productivity.

Answer:
B

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