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dimulka [17.4K]
3 years ago
14

explain the relationship between costs in the short run and costs in the long run. and define the "short run" means.

Social Studies
1 answer:
Softa [21]3 years ago
4 0

Answer:

The short run is a concept that states that, within a certain period in the future, at least one input is fixed while others are variable. ... The short run does not refer to a specific duration of time but rather is unique to the firm, industry or economic variable being studied.

Explanation:

i think this is it i hope it helps

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There are various elements of ICC. Some key elements comprise motivation, oneself and different knowledge, and tolerance for conjecture.

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Answer:

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<u><em>case law:</em></u> Case law is the collection of past legal decisions written by courts and similar tribunals in the course of deciding cases, in which the law was analyzed using these cases to resolve ambiguities for deciding current cases. These past decisions are called "case law", or precedent.

<u><em>common law:</em></u> In law, common law is the body of law created by judges and similar quasi-judicial tribunals by virtue of being stated in written opinions. The defining characteristic of “common law” is that it arises as precedent.

Explanation:

I hope that this answer helps you to understand your questions more thoroughly. If you have any further questions, please ask them below.

Have a great rest of your day/night!

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