Which Of The Following Represents A Long-Run Adjustment?

(Correct Answer Below)

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Which Of The Following Represents A Long-Run Adjustment?

A. a farmer uses an extra dose of fertilizer on his corn crop B. unable to meet foreign competition, a U.S. watch manufacturer sells one of its branch plants C. a steel manufacturer cuts back on its purchases of coke and iron ore D. a supermarket hires four additional clerks
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B. unable to meet foreign competition, a U.S. watch manufacturer sells one of its branch plants

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