Economy, asked by nayanchandarana90, 9 months ago

what is the difference between short run and long run​

Answers

Answered by Snehsidhu111
4

Answer:

Short run

Any time period where there is atleast one factor of production that is fixed and others are variable. for eg: building , machines

Long run

In this All factors of production become variable. For eg: size of plant, labour

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