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When economists examine firms over time they must define the Short Run and Long Run Short Run –Only some inputs (e.g. labor) can be adjusted –Not enough. - ppt download
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IGCSE ECONOMICS COSTS To explain the difference between the long run and the short run. To identify and calculate the various different costs To explain. - ppt download
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Technology, Production, and Costs 11.1Technology: An Economic Definition 11.2The Short Run and the Long Run in Economics 11.3The Marginal Product of Labor. - ppt download