Asked by Coco

In macroeconomics, the short run assumes that input prices are Blank______ while output prices are Blank______.
Multiple choice question.

flexible; inflexible

inflexible; flexible

flexible; also flexible

inflexible; also inflexible
Answered by GPT-4o mini
In macroeconomics, the short run assumes that input prices are **inflexible** while output prices are **flexible**. Thus, the correct answer is:

**inflexible; flexible**.
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