Answer to Question #103012 in Economics of Enterprise for gas

Economics of Enterprise

Question #103012

the difference between short-run and long-run period of production in economics

Expert's answer

In the short-run some inputs are variable, and other inputs are fixed. In the long-run all inputs are variable.

Learn more about our help with Assignments: Economics of Enterprise

Comments

No comments. Be the first!

Leave a comment

Related Questions

1. If all cost are equal, what 5 things should you measure to make a good decision between trade-offs?
2. 1. The two demand curves in Figure 5-7 in the textbook (p. 123) are linear demands parallel to each
3. 1. How should you allocate your $10 between wings and sandwiches so as to achieve maximum utility?
4. Consumer income and the prices of substitute and complementary products are factors that can affect
5. What are the advantages and disadvantages of public sector?
6. Types of econmy
7. Define ecomomy 2 types of economy institution 3 functions economy institution 4 importance economy i