In the short run ……….?
Select ONE answer:
- There are no variable costs.
- At least one resource is fixed.
- All resources are variable.
- All resources are fixed.
Show your workings to arrive at your answer, and explain and justify your reasons:……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………
This multiple choice question is suitable for Economics KS5 classes.
The answer is 2
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