Economy, asked by mdabubakar2182, 1 year ago

Distinguish between short run and long run in the production process

Answers

Answered by kirt10

1

the activity level does not change in short run production where as the firm can expand or reduce the activity levels in long run production.

Previous Question

Next Question

Similar questions

Math, 6 months ago

If y +2kX+k+1=0 and x + (k + 2)x+2k-1 = 0 has exactly one root common, then the value of k is (1) -2 (2) 2 (3) 2/3 (4) -2/3...

Social Sciences, 6 months ago

5.Greece became independent by signing the:-Required to answer. Single choice. (1 Point) Treaty of Versailles Treaty of Constantinople Treaty of Vienna Submit ...

Chemistry, 6 months ago

A group of 6. 022×10-23 particles is called a mole of that substance(true/ false)...

Economy, 1 year ago

Explain reversal of growth process under the british raj...

Economy, 1 year ago

Difference btw positive and nor mative economy 1...

Accountancy, 1 year ago

Scope of financial accounting in points?

English, 1 year ago

Parrot or animals poem in English...

Physics, 1 year ago

The velocity of a body of mass 10kg increases from 4m/s to 8m/s . When a force acts on its for 2 seconds . What is the momentum before the force?