Which of the following represents a long-run adjustment?

A) A farmer uses an extra dose of fertilizer on his corn crop.
B) Unable to meet foreign competition,a U.S.watch manufacturer sells one of its branch plants.
C) A steel manufacturer cuts back on its purchases of coke and iron ore.
D) A supermarket hires four additional clerks.

Long-Run Adjustment

Economic processes or actions that firms take over time to adjust to market conditions, including changes in production capacity or entering and exiting markets.

Foreign Competition

The competitive pressure that domestic companies face from products and services offered by foreign entities in the same market.

Branch Plants

Secondary factories or operations set up by a company away from its main premises, often in different geographical locations.