3. Which of the following is a short-run adjustment? a. A local bakery hires two additional bakers. b. Six new firms enter the plastics industry. c. The number of farms in the United States declines by 5 percent. d. BMW constructs a new assembly plant in South Carolina.

3. Which of the following is a short-run adjustment?
a. A local bakery hires two additional bakers.
b. Six new firms enter the plastics industry.
c. The number of farms in the United States declines by 5 percent.
d. BMW constructs a new assembly plant in South Carolina.

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