2. Microeconomics divides costs in to "short-run costs” and “long-run costs". Can "long-run” differ between firms? Inclu

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2. Microeconomics divides costs in to "short-run costs” and “long-run costs". Can "long-run” differ between firms? Inclu

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2 Microeconomics Divides Costs In To Short Run Costs And Long Run Costs Can Long Run Differ Between Firms Inclu 1
2 Microeconomics Divides Costs In To Short Run Costs And Long Run Costs Can Long Run Differ Between Firms Inclu 1 (15.89 KiB) Viewed 43 times
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2. Microeconomics divides costs in to "short-run costs” and “long-run costs". Can "long-run” differ between firms? Include a short example in your answer. [5 Marks]
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