Microeconomics

MCQ - 31-4041

Question:

Which of the following is an example of a long-run adjustment for the owners of a small café?

The owners switch from whole wheat to sourdough bread.
The owners hire several part-time workers to cover the dinner shifts.
The owners work overtime on a busy weekend.
The owners hire several part-time workers to cover the dinner shifts.
The owners buy the office next door, and this doubles the customer seating.

Correct Answer: E

Explanation:

Long-run adjustments change the production capacity of a firm.

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269 MCQ for effective preparation of the test of Microeconomics of Economics section.

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