Questions tagged [short run]

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Valeria Valeria Thu Jan 16 2025 | 7 answers 1642

What is the short run cost?

I am trying to understand the concept of short run cost in economics. Could someone explain what it is and how it differs from long run cost? I'm particularly interested in how businesses operate in the short run and how their costs are structured during this period.

What is the short run cost?

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