Question

in the short run there are two types of costs what are they​

Answer 1

Answer:

Summary. Looked at from a short-run perspective, a firm's total costs can be divided into fixed costs, which a firm must incur before producing any output, and variable costs, which the firm incurs in the act of producing.

Explanation:

There are basically three types of short run costs:

Short Run Total Cost.

Short Run Average Cost.

Short Run Marginal Cost.