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In the short run, output prices are ______ and ______ prices are ______. Multiple choice question. sticky; input; flexible stable; import; high flexible; input; sticky low; export; unpredictable

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ayfat23

The correct statement is that In the short run, output prices can be regarded as input prices provided output prices are fixed.

  • Output Price can be regarded as the price that is utilized in specifying the price that an outputs of a module and how it should be sold.

  • However, at shortrun, output price do equivalent to input, in as much the output price are fixed.

Therefore, output price  can be equivalent to input price in short run.

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