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Short Run Cost

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What is Short Run Cost? Types: Total, Average, Marginal

  • Post last modified:6 April 2023
  • Post category:Economics
  • Reading time:27 mins read

Short Run Cost refers to a certain period of time where at least one input is fixed while others are variable. In the short-run period, an organisation cannot change the fixed factors of production.

Continue ReadingWhat is Short Run Cost? Types: Total, Average, Marginal

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