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    Long Run Production

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    In the long run at least one factor of production is held constant.
    True
    False

    © BrainMass Inc. brainmass.com October 9, 2019, 8:05 pm ad1c9bdddf
    https://brainmass.com/economics/factors-of-production/long-run-production-139362

    Solution Preview

    Answer: False

    The definition of long run is:
    A period of time long enough to ...

    Solution Summary

    True-False question on long run production is provided in the solution with an explanation.

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