Economy, asked by hetanshsanghvi, 2 months ago

how all cost are variable in long run​

Answers

Answered by llNehaII
6

Ans=The long-run is a period of time in which all factors of production and costs are variable. In the long run, firms are able to adjust all costs, whereas, in the short run, firms are only able to influence prices through adjustments made to production levels.

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Answered by yugsisodia694
0

Answer:

The long-run is a period of time in which all factors of production and costs are variable. In the long run, firms are able to adjust all costs, whereas, in the short run, firms are only able to influence prices through adjustments made to production levels.

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