All costs are controllable in the __________ .

Short run

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Long run

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Medium run

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Very short run

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Solution

The correct option is D Long run
All costs are controllable in long run. In long run all costs are controllable because of the time period. Controllable costs are those cost which can be controlled if taken care of.

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In economic theory, in the short run market period all the costs are ____________.

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