what are the differences between long run and short run in economics

Answers

Answer 1

Answer:

The long run is a period of time in which all factors of production and costs are variable. In the long run, firms are able to adjust all costs.

The short run firms are only able to influence prices through adjustments made to production levels.


Related Questions

Which is the most accurate statement concerning the relationship between state and federal regulations

Answers

Answer:

The relationship between state and federal regulations in the United States is one of delegation and complement: in principle, the states are the holders of sovereignty and, therefore, possess all the rights and powers that they have not expressly delegated to the Federal Government to through the Constitution. In turn, in the event that the states have delegated prerogatives to the federal government, these may only be exercised by the federal government, and subsidiarily (and always in a complementary manner and respecting federal guidelines) by the states.

Once a Constitutional amendment has been proposed, to which of the selections below is it generally passed for formal ratification?
Select one:
A. state legislatures
B. state governors
C. Congress
D. President

Answers

Answer:

State legislators.

Answer:

B. State Lesgislatures

Explanation:

I did this on Prepworks and got it right.

Which word is described by this statement?

It is between the outer core and the crust. It is made of solid rock, but is under so much pressure that is it constantly moving.


rocks

minerals

crust

mantle

Answers

I believe it is the mantle

Answer:

distributive education and the need for the best of society for a good reason are

Which of the following policies would be classified as a traditional level premium contract?

Answers

Answer:

Level-premium insurance is a type of term life insurance. With this type of coverage, premiums are guaranteed to remain the same throughout the contract, while the amount of coverage provided increases. Premiums are averaged over the term of the policy.

The passage is from the Declaration of Independence (1776). Which earlier thinker influenced the reasoning of this passage?
A.
agreement on preserving the Articles of Confederation

B.
the death of James Madison

C.
agreement on the inclusion of a Bill of Rights

D.
the states were declared more powerful than the federal government

Answers

Answer:

I think the answer is D but I'm not sure

Explanation:

the declaration of independence said that they wanted to colonists to be a free country and separate from england. Meaning they did not want the government to hold that much power.

The seven-member board that oversees the Federal Reserve System is the _____. Federal Reserve District Federal Open Market Committee (FOMC) Federal Advisory Council (FAC) Board of Governors
for 20points

Answers

The seven-member board that oversees the Federal Reserve System is the _____. Federal Reserve District Federal Open Market Committee (FOMC) Federal Advisory Council (FAC) Board of Governors
ANSWER : Board of governors

Board of Governors

------------------------------------

What does the Constitution reflect of the country's founders?
their vision
their optimism
their future planning
their protective powers

Answers

Answer:

their vision

Explanation:

I need help please.

Answers

Answer:

what was last week's lesson?

Answer: try and explain why u learned in this weeks lesson and write it down and write about what u thing it’s surprising

Explanation:

Opioids have the following short term effects:

Answers

opioids block pain signals sent from the brain to the body, they also release large amounts of dopamine throughout the body which contributes to feelings of pleasure and satisfaction, they also cause Drowsiness, Lethargy, Paranoia, Respiratory depression, and nausea.

Information taken from existing classified source and generated into another form or medium, such as a video, DVD, or CD is an example

Answers

Answer: generating

Explanation:

From the question, we should note that the information that is taken from the existing classified source and generated into another form, such as video, DVD, or a CD is referred to as an example of generating.

It should be noted that "generating" is quite different from "extracting" which has to do with the information that are taken directly from a classified source that's already existing in a new document.

Which of these le an example of eminent domain?

Answers

Answer:

The answer is A

Explanation:

Eminent Domain refers to the power of state and federal government's to take private property for public use.

How can Congress check the power of the Supreme Court?
A)They can refuse to enforce their decision
B)They can propose a new amendment
C)They can appoint new justices
D)They can override the court's decision

Answers

Answer:

D they can appoint new judges

Explanation:

Congress may submit a proposed constitutional amendment to the states, if the proposed amendment language is approved by a two-thirds vote of both houses. Congress must call a convention for proposing amendments upon application of the legislatures of two-thirds of the states (i.e., 34 of 50 states).

For example, while the legislative ( Congress ) has the power to create law, the executive (president) can veto any legislation; an act that can be overridden by Congress. The president nominates judges to the nation's highest judiciary authority (Supreme Court), but Congress must approve those nominees.

When Edwin Sutherland closely examined companies in the United States, what was he surprised to find?

Answers

Hello. You forgot to enter the answer options. The options are:

A. Most of the executives were secretly blue-collar workers.

B. Companies were careful never to violate American law.

C. Many times, when companies violated the law, it was unintentional.

D. Many times, when companies violated the law, it was intentional.

Answer:

D. Many times, when companies violated the law, it was intentional.

Explanation:

Edwin Sutherland was surprised to discover scenes of corruption and violation of laws within American industries. He was even more surprised when he discovered that these violations were done intensionally, promoting the benefit of entrepreneurs who had no commitment to order and honesty. These crimes are known as White Collar and are made by people who already live a wealthy life and without economic difficulties.

Answer:

Many times, when companies violated the law, it was intentional.

Explanation:

I took the quiz

Should expressive speech have any restrictions? why or why not ?

Answers

No, an expressive speech should not have any restrictions as long as they are being respectful to their audience. It should have no restrictions because it is meant to let you tell people how you feel about that event,or object. If the speech is talking bad about something and not respectfully stating their opinion then they can be asked to stop, or to change their essay/rewrite it more respectfully.

Jenna works for the US criminal justice system. Her duties include counseling offenders who have been released early from their prison sentences on certain terms and conditions. She must also evaluate the progress that these offenders make and report on the same to the court. Which role does Jenna play in the criminal justice system?

A.
detention officer
B.
warden
C.
correctional officer
D.
probation or parole officer

Answers

Jenna is a Parole Officer

Answer:

The answer is D. probation or parole officer

Explanation:

Which term means the thin, hard, rocky outer layer?

outer core

crust

mantle

inner core

Answers

crust is the term which means thin, hard, rocky outer layer

URGENT 100 POINTS
Which of the following is an example of a justice-related professional abusing powers and using them to take unfair advantage of inmates/parolees?

A.
a probation officer discriminating against an offender based on race

B.
a lawyer requiring an expensive retainer fee before taking a case

C.
a paralegal preparing documents instead of the attorney

D.
a police officer making an arrest after witnessing a crime

Answers

A is the best answer

Answer:.

A) a probation officer discriminating against an offender based on race

Explanation:

What is the extremely hot layer that is made almost entirely of solid iron?

outer core

mantle

crust

inner core

Answers

Answer: inner core

The inner core is the deepest and hottest layer of the Earth. It is made almost entirely of metal—mostly iron and, while extremely hot (9,000-13,000 degrees Fahrenheit--or 5,000-7,000 C), it is solid. It's almost 750 miles thick! Next the outer core is made mostly of iron and nickel.

Explanation:

Answer: lol i-

Explanation:


Which of the following can be defined as errors of fact which are
considered so incorrect they are determined an error by law?
a. Jurisdiction error
b. Precedence error
c. Prejudicial error
d. Legislative error

Answers

Answer: C. prejudicial error

Explanation:

Prejudicial errors are factual errors that are considered so incorrect that they can have a significant impact on the outcome of a legal case. Therefore, option C is correct.

What are Prejudicial errors?

Prejudicial errors are factual errors that can have a significant impact on the outcome of a legal case. These errors are considered so incorrect that they are determined by law to be grounds for appeal or reversal of a verdict.

Prejudicial errors can occur in various forms, such as the misidentification of a defendant or witness, incorrect presentation of evidence, or incorrect application of the law.

In some cases, prejudicial errors can be intentional, such as when a prosecutor withholds exculpatory evidence or presents false testimony.

Prejudicial errors can undermine the integrity of the legal system by leading to wrongful convictions or acquittals, and therefore, it is important for the court to identify and correct these errors to ensure a fair and just outcome.

Learn more about exculpatory evidence here:

brainly.com/question/9736519

#SPJ2

During the 1880s, Cameron was convicted of a felony and given a prison sentence. He observed that the peculiar prison that he was sent to looked like wheels with rows of cells emerging from a central hub. Which design or style did this particular prison use?

A.
telephone-pole style
B.
plantation-style system
C.
radial design
D.
campus style

Answers

The answer in C. I am pretty sure

How do we know that the opinions of people who call in to radio talk shows are not typical of most Americans?
Group of answer choices

As a sample, their opinions are ill formed.

As a sample, they lack intensity

As a sample, they are perfectly random.

As a sample, they are unrepresentative of the whole population.

Answers

The answer is the first one

Guys what’s jay walking is it like the moonwalk

Answers

Answer:

uh no. it's when you cross the street without sing the crosswalk.

Explanation:

Hope this helps! May i please have brainliest? :)

HELP! FOR LAW STUDIES. 100 POINTS!!!

"The most valuable end of government is the liberty of its inhabitants. No possible advantages can compensate for the loss of this privilege."
—Patrick Henry

From what you know about the Constitution, do you agree with Patrick Henry's statement? Why or why not?

Patrick Henry was a leader of the Anti-Federalists. How does this quote support their position on the Constitution?

How does Henry's statement reflect the idea of social contract? How does the idea of social contract protect people's natural and individual rights?

What is the current ruling on drug testing minors in public schools? Do you agree or disagree?

Answers

Answer:The most valuable end of government is the liberty of its inhabitants. No possible advantages can compensate for the loss of this privilege."—Patrick Henry1.

Explanation:

URGENT 100 POINTS
Paralegals perform many of the same duties and tasks as lawyers, but they are not required to complete which of the following?

A.
attend training or receive certifications

B.
work with clients or draft documents

C.
attend law school or pass the bar exam

D.
learn about case or local laws

Answers

C is the correct answer

A paralegal is a professional who handles jobs that need some legal knowledge but not all of a lawyer's competence.

Thus, Option C is correct.

What Do Paralegals Do?

The paralegal's work product is combined with and becomes a component of the attorney's work product for a client while being supervised by an attorney. It must be made clear that the paralegal is not a lawyer when speaking with clients and the general public.

Paralegals are not permitted to provide legal counsel or carry out any tasks that are only to be done by qualified attorneys. In a law firm context, the time spent on substantive legal work by a paralegal (as opposed to clerical or administrative labor) is billed to customers in a similar manner to that of an attorney, though at a lower hourly rate.

Although the paralegal profession began in law offices, paralegals now work in the majority of corporations and business organizations, including banks, insurance firms, and healthcare providers.

For more information about Paralegals refer to the link:

https://brainly.com/question/25507890

#SPJ2

Eduardo Gomez is a 52 year old [changed from 52-year-old] farm worker who cannot read. He has a wife and two children. Gomez was charged with smuggling guns, marijuana, and other narcotics across the Mexican border. The prosecutor, when discussing the case with the news media, says that he suspects Gomez was involved with guns and drugs for years but has avoided being arrested by authorities until now. Gomez claims that he is completely innocent and wouldn’t know what marijuana looked like if he saw it. Should he be detained or released? How much bail would you set in order to release? What other information would you need to know?

Answers

Answer:

I think he may be guilty and I'm not to sure how much money they would have to pay to be bailed out

Explanation: I think he's guilty because, he said he wouldn't know what marijuana looks like but that is false because he is a farmer and there's a 80% percent chance he's had to deal with it. ( You would also need to know more about his farming business and a lot more accusations because if you're wrong then you can ruin someone's life)

PLZ HELP The three levels of federal courts are the Supreme Court, the circuit courts, and the ______ courts. APE.X CORRECT ANSWERS

A. probate


B. judicial


C. judicial


D. appeals

Answers

District court( the trail court) also know as the judicial court
it is the judicial courts

what the important of the Filipino heritage a language ?​

Answers

Answer:

to change something, there has to be a way of happened and to make it happen there has to be a source being Filipino is something we should be proud of learning the language is important

What is naturalization?

Answers

Answer:

Naturalization is the legal act or process by which a non-citizen of a country may acquire citizenship or nationality of that country. It may be done automatically by a statute, i.e., without any effort on the part of the individual, or it may involve an application or a motion and approval by legal authorities.

What is your opinion on the recent voter bill? Do you believe Washington D.C. should be a state? Do you think anyone including those without identification be able to vote.

Answers

Answer:

yes I do think washington should be a state

Explanation:

I say this because there are a total of 50 states and if we take washington out it would be 49 and it doesnt make any sense to take washington out

The intentional publication of a written piece of information that the
defendant knows to be false is called
A. libel
B. slander
c. disparagement
D. defamation

Answers

Answer:

Defamation.

Explanation:

According to General Law of Torts, "Defamation is the intentional communication (sometimes referred to as publication) by the defendant to a third person of a false statement about the plaintiff that causes harm to the reputation of the plaintiff resulting in damages."

Answer:

Libel

Explanation:

Other Questions
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