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saw5 [17]
3 years ago
7

What is the best example of a short-run adjustment?

Business
2 answers:
k0ka [10]3 years ago
8 0

Answer:

Short-run economics primarily affect price.

Explanation:

When demand decreases for any reason, prices go down in the short term. When demand spikes, prices go up. ... Long-run adjustments occur when sustained increases or decreases in demand cause a business to change its practices and can affect both price and the means of production.

Law Incorporation [45]3 years ago
8 0

Answer:

Mining and energy giants were hit especially hard by the fall in iron ore, coal, copper, and other commodity prices, underscoring their high fixed costs in the short run

Explanation:

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