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Which of the following is a short-run adjustment? (i) A local bakery hires two additional bakers

Economics

Which of the following is a short-run adjustment?

(i) A local bakery hires two additional bakers.

(ii) Six new firms enter the plastics industry.

(iii) The number of farms in the United States declines by 5 percent.

(iv) BMW constructs a new assembly plant in South Carolina.

Option 1

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