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Enotes World - SHORT-RUN VS LONG-RUN ----------------------------------- Short-run is the time where one factor of production (e.g. capital) is fixed. This is a time period of fewer than four-six months. Only increasing
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1 © 2015 Pearson Education, Inc. Chapter Outline and Learning Objectives 11.1Technology: An Economic Definition 11.2The Short Run and the Long Run in Economics. - ppt download
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