MyQuestionIcon

1

You visited us 1 times! Enjoying our articles? Unlock Full Access!

Introduction

What is meant...

Question

What is meants by short run

Open in App

Solution

Dear Student
A short period is the period of time in which a firm can make changes in variable factor (like labor, raw material) and not in fixed factor (like machinery, factory building, etc.).
Regards

Suggest Corrections

thumbs-up

0

Similar questions

Q. The short run is characterized by ___________.

Q. What is the basic difference between short run production function and long run production function?

Q. Short-run cost curve are influenced by ____________.

Q. In the short run, diminishing marginal returns is implied by __________.

Q. Rahul scores 20 more runs than twice of the runs scored by Rohit. Together, their runs fell three runs short of a double century. What are the individual scores of Rahul and Rohit, respectively?

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

Introduction

CHEMISTRY

Watch in App

explore_more_icon

Explore more

Standard XII Chemistry

Join BYJU'S Learning Program

CrossIcon