English

Define short-run. - Economics

Advertisements
Advertisements

Question

Define short-run.

Definition
Advertisements

Solution

Short-run refers to the period of time during which the amount of one or more inputs, called the ‘fixed factors’, cannot be changed.

shaalaa.com
  Is there an error in this question or solution?
Chapter 7: Laws of Returns - Returns to a Factor and Returns to Scale - TEST YOURSELF QUESTIONS [Page 130]

APPEARS IN

Frank Economics [English] Class 12 ISC
Chapter 7 Laws of Returns - Returns to a Factor and Returns to Scale
TEST YOURSELF QUESTIONS | Q 1. | Page 130
Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×