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10.5: Outcome- The Short Run vs. The Long Run

  • Page ID
    249363
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    What you’ll learn to do: differentiate between short-run and long-run costs

    In this section, you will see how time is an important factor to consider in a firm’s success.

    The specific things you’ll learn to do in this section include:

    • Interpret the relationship between short run and long run costs.

    LEARNING ACTIVITIES

    The learning activities for this section include:

    • Reading: Short Run and Long Run Average Total Costs
    • Self Check: The Short Run vs. The Long Run

    Take time to review and reflect on each of these activities in order to improve your performance on the assessment for this section.

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    10.5: Outcome- The Short Run vs. The Long Run is shared under a not declared license and was authored, remixed, and/or curated by LibreTexts.

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