Reading: Short Run vs. Long Run Costs | Microeconomics

April 12, 2026

Their decisions over the next few weeks are likely to be short-run choices. Decisions that will affect operations over the next few years may be long-run choices, in which managers can consider changing every aspect of their operations.

https://courses.lumenlearning.com/suny-microeconomics/chapter/short-run-and-long-run-costs/

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