In the short run,outputA) can be varied by changing the size of factories.B) can be varied by changing the amount of equipment in factories.C) can be varied by using the factories and equipment in the industry with more or less of other inputs.D) cannot be varied because inputs are fixed.

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Phoenix Jimenez · Accepted Answer

Final Answer : C, Explanation :  In the short run, output can be varied by adjusting the amount of other inputs used with the fixed factories and equipment. For example, a bakery can vary its output by changing the amount of flour, sugar, and other ingredients used while keeping the same size of the factory and equipment.

In the short run,output

A) can be varied by changing the size of factories.
B) can be varied by changing the amount of equipment in factories.
C) can be varied by using the factories and equipment in the industry with more or less of other inputs.
D) cannot be varied because inputs are fixed.

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