In Microeconomics What Does the Term the Short Run Mean

In microeconomics what does the term the short run mean?

A) A period of time in which the size of the firm is fixed but the number of firms is variable.
B) A period of time in which the size of the firm is variable but the number of firms is fixed.
C) A period of time in which both the size of the firm and the number of firms are fixed.
D) A period of time in which both the size of the firm and the number of firms are variable.

Correct Answer:

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