We define “long term” as the time needed to change capacity resources. What do you think constitutes the “long term” for the following industries: (a) Automobiles, (b)...

We define “long term” as the time needed to change capacity resources. What do you think constitutes the “long term” for the following industries:

(a) Automobiles, (b) Toys

(c) Computers (d) Construction Equipment?

May 26, 2022

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