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what is the various type of inputs of long-run and short-run? Explain.
please don't give a definition that I know! I want to know about inputs...
what is the various type of inputs of long-run and short-run? Explain.
please don't give a definition that I know! I want to know about inputs...
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Explanation:
Long run costs have no fixed factors of production, while short run costs have fixed factors and variables that impact production.