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From course:

Economics A Level

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Question:

What Separates the Short and Long Run in different Firms

Author: go kys



Answer:

-This all is to do with Production Times and Levels of Capital Equipment in different Industries -Firm that makes Sandwiches will need less time to Change Production and make More than a Firm that makes Rockets - More Capital is needed [and therefore more Time]


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go kys
go kys