The short-run in production is the time period when - SchoolNGR

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The short-run in production is the time period when

The short-run in production is the time period when

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Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE

A Techniques of production can easily be changed
B All factors of production are vaiable
C At least a factor is fixed while others are variable
D Variable factors cannot be changed

Correct Answer: Option C

Explanation:
The short-run production phase refers to a production cycle in which at least one factor of production is fixed.

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