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The key difference between the short run and the long run is that:
A. In the long run there are no diminishing returns.
B. In the short run, the firm can expand its production facility as its workforce grows.
C. The long run is a longer period of time than the short run.
Answer: A
Explanation:
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NEW QUESTION: 3
A. Sample
B. Expired
C. Opened
D. Pure
E. Closed
Answer: A,D
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