Economy, asked by Asandaasokhuzwayo, 6 months ago

explain the term short term in terms of fixed and variable inputs​

Answers

Answered by soniya3641
8

Explanation:

The short run is a concept that states that, within a certain period in the future, at least one input is fixed while others are variable. In economics, it expresses the idea that an economy behaves differently depending on the length of time it has to react to certain stimuli.

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