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A bakery doubles the number of ovens it uses and hires more bakers, resulting in a significantly larger daily output. This scenario suggests the bakery is operating in the:.
- A.Short run, as only labour has increased.
- B.Short run, as it's a quick change.
- C.Long run, as the quantity of capital (ovens) has changed.
- D.Long run, as it is responding to increased demand.
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