Which of the following is an example of a long-run adjustment for the owners of a small café?
A.
The owners switch from whole wheat to sourdough bread.
B.
The owners hire several part-time workers to cover the dinner shifts.
C.
The owners work overtime on a busy weekend.
D.
The owners install more energy-efficient lightbulbs in all of the light fixtures.
E.
The owners buy the office next door, and this doubles the customer seating.
Exam No： AP Micro Practice Test 4 Year：2024 Question No：24
Answer:
E
Knowledge points:
3.2 Short-Run Production Costs
3.3 Long-Run Production Costs
3.6 Firms’ Short-Run Decisions to Produce and Long-Run Decisions to Enter or Exit a Market
Solution:
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