in the short run, as output gets larger and larger:

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15-11-2022
Business

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in the short run, as output gets larger and larger:

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contexto1028 contexto1028 · Answer 1 · 2022-11-17T00:41:57+01:00

In the short run, when the output of a firm increases, its average fixed cost decreases.

In the short run, as it relates to business, some inputs will be fixed, and some will be variable at some point in the future. The short run-in economics refers to the notion that an economy's behavior will change depending on how much time it has to take in and respond to stimuli.

A company, ABC, is an example of a short run. ABC can produce 10 cars per day and is looking to increase production to 15 cars per day by using the available infrastructure in response to rising demand during the season.

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