what is short run cost
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➡Short Run Cost is the cost price which has short-term inferences in the manufacturing procedures, i.e., these are utilised over a short degree of end results.
➡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. ... The short run does not refer to a specific duration of time but rather is unique to the firm, industry or economic variable being studied...
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short run cost is price which has short term inferences in the manufacturing procedures,i.e,this are utilised over a short degree of end result.
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