Assume a factory that currently employs 25 workers is considering adding another 5 workers to its payroll. Economists would classify this as:
A) a short-run decision.
B) a long-run decision.
C) neither a short-run nor a long-run decision.
D) both a short-run and a long-run decision.
ANSWER
A
Place an order in 3 easy steps. Takes less than 5 mins.