Question

what is the difference between short run and long run production function​

Answer 1

Short run production function alludes to the time period, in which at least one factor of production is fixed. Long run production function connotes the time period, in which all the factors of production are variable. No change in scale of production.

Answer 2

Answer:

Short run production function alludes to the time period, in which at least one factor of production is fixed.

Long run production function cannotes the time period, in which all the factors of production are variable. No change in scale of production.