199
edits
Changes
Jump to navigation
Jump to search
Line 7:
Line 7: − +
Economics Homework Six Answers - Student Ten (view source)
Revision as of 14:45, October 22, 2009
, 14:45, October 22, 2009no edit summary
'''3. Give an example of a "short run" cost for a firm, and give an example of a "long run" cost. This can refer to any type of firm, from a grocery store to a baseball team to a homeschool.'''
'''3. Give an example of a "short run" cost for a firm, and give an example of a "long run" cost. This can refer to any type of firm, from a grocery store to a baseball team to a homeschool.'''
A long run cost would be adding an addition to my light bulb factory. A short run cost would be hiring temporary employees for the holyday season.
A long run cost would be adding an addition to my light bulb factory. A short run cost would be hiring temporary employees for the holiday season.