In production theory, the short run is a period?
پیداواری نظریہ میں قلیل مدت سے کیا مراد ہے؟
- Generally less than three years
- Sufficient to adopt new technology
- During which at least one resource is fixed
- When only labour can be varied
Explanation
- In short run, some inputs are fixed and some are variable.
- Usually, capital (machines, land) is fixed while labour can change.
- Firms can increase output only by changing variable factors.
- This is a temporary production period.
Last verified on 24-04-2026
Related MCQs
افراطِ زر کا مطلب کیا ہے؟
- Increase in prices
- Falls in purchase in value
- Both A and B
- None of these
اس سوال کو وضاحت کے ساتھ پڑھیں
پی آئی ڈی ای کس سے متعلق ہے؟
- Economic research and development policy
- Defence planning
- Judicial reforms
- None of these
اس سوال کو وضاحت کے ساتھ پڑھیں
پاکستان کا سب سے بڑا تجارتی شراکت دار کون سا ملک ہے؟
- Saudi Arabia
- China
- Japan
- USA
اس سوال کو وضاحت کے ساتھ پڑھیں
سپلائی چین ریزیلینس سے کیا مراد ہے؟
- Stopping trade between countries
- Increasing production cost only
- Ability of supply chain to recover and continue during disruptions
- None of these
اس سوال کو وضاحت کے ساتھ پڑھیں
گری لسٹ کا کیا مطلب ہے؟
- List of developed countries
- List of countries under normal trade rules
- List of countries under increased monitoring for financial risks
- List of military alliances