answersLogoWhite

0

In the long run, the level of output is determined by the capacity of a firm to adjust all of its inputs, such as labor and capital, to reach its optimal production level. In the short run, output is influenced by fixed factors like plant size and technology, which limit the firm's ability to adjust production quickly.

User Avatar

AnswerBot

4mo ago

What else can I help you with?

Related Questions

How do you make a versus level on LittleBigPlanet 2?

All you do is go to the level edit and change it to versus i think that's how it is.


What is the name for the level of crop output from a given level of input?

Productivity


What determines the maximum level flight speed of an aircraft?

In a graph of horsepower versus speed, the point where the power available and the power required curves cross. Above that speed, more power is required than available.


The profit-maximizing level of output for this firm?

Answers for If A Firm Is Producing A Level Of Output Where MR Exceeds MC, Would It Improve Profits By Increasing Output, Decreasing Output Or Keeping Output Unchanged?


If both aggregate output and the aggregate price level increase what will happen?

a decrease in need which will in turn surplus the output and decrease the price level. then output will decrease.


How marginal revenue and marginal cost can help set the most profitable output level?

A way to find the best level of output is to find the output level where marginal revenue is equal to marginal cost.


What is the level of output every firm strives for?

The level of output every first strives for is when marginal revenue equals marginal cost.


If you have Marginal Cost and Marginal Damages how do you find the optimal level of output?

The optimal level of output is where marginal costs = marginal damages.


How total revenue and total cost can help set the most profitable output level?

how does total revenue and total cost can help set the most profitable output level? ChaCha Answer: The most profitable output level ..i think is the answer


What is the name for the level of crop output from a a given level of input?

Productivity


Moisture in the water cycle?

Amount of water in air determines moisture. It determines the level of humidity.


Determines the level that the electrons occupy in an atom?

energy