The short run is a time period such that O the existing firms in the market do not have sufficient time to change the amounts of any of the inputs that they employ. O the existing firms in the market do not have sufficient time to either increase or decrease their current rate of output. O the existing firms in the market do not have sufficient time to increase the size of their existing plant or build a new factory. O new firms may build plants and enter the industry.

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A:

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