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Short run and long eprice elasticity of demand?
Short Run: A time period in which the amounts of some inputs are fixed. Long Run: During which there is sufficiently long to allow full flexibility in all inputs used.
What is a production period that allows changes only in variable inputs?
This production period is called the short run production period. This means that the amount of capital in the firm is fixed and cannot change because it takes time for the firm to receive ordered capital. In this situation the firm must change labor and materials (variable inputs) in order to maximize profits. The opposite of the short run production period is the long run production period. In the long run all inputs are flexible and the firm can theoretically maximize profits at any level of capital.
- A short period of somewhat decreased business activity is known as a?
um.. funny ? c:
Write short notes on economies of scale and diseconomoies of scale?
Economies of scale refers to the increase in the firm's output in relation to a lesser application of factors/inputs which happen in the long run.
Why does the short-run marginal-cost curve eventually increase for he typical firm?
The short-run marginal-cost curve eventually increases for a typical firm due to the law of diminishing returns. As production expands, each additional unit of output requires more variable inputs, which leads to increased costs per unit. Initially, firms may benefit from economies of scale, but after a certain point, the inefficiencies of adding more labor or materials without a corresponding increase in productivity cause marginal costs to rise. This results in an upward-sloping marginal-cost curve in the short run.
What is fixed inputs?
Fixed inputs are resources or factors of production that remain constant in the short term, regardless of the level of output produced. Examples include machinery, buildings, and land. These inputs cannot be easily increased or decreased in response to changes in demand, making them essential for long-term planning in production processes. In contrast, variable inputs can be adjusted more readily to meet fluctuations in production needs.
Which of these is not a short-term effect of marijuana use?
decreased heart rat
Which is not a benefit of anaerobic exercise?
Increased lung capacity
What are the symptoms of cocaine?
SHORT TERM - Increased energy - Decreased appetite - Mental alertness - Increased heart rate - Increased blood pressure - Constricted blood vessels - Increased temperature - Dilated pupils LONG TERM - Irritability - Mood disturbances - Restlessness - Paranoia - Auditory hallucinations
What margins can be increased for short letters?
What margins can be increased for short letters?
Short run and long eprice elasticity of demand?
Short Run: A time period in which the amounts of some inputs are fixed. Long Run: During which there is sufficiently long to allow full flexibility in all inputs used.
What are the shot term affect tabcco has on people?
Tobacco has a variety of short-term effects on the user both physical and psychological. Physically tobacco can cause increased heart rate and blood pressure increased risk of stroke and heart attack increased risk of developing respiratory illnesses and decreased oxygen levels in the blood. Psychologically tobacco can cause euphoria relaxation and increased alertness. It can also increase the risk of dependence and addiction as well as increase the risk of developing mental health issues such as depression anxiety and schizophrenia.The following are some of the short-term effects of tobacco use: Increased heart rate and blood pressure Increased risk of stroke and heart attack Increased risk of developing respiratory illnesses Decreased oxygen levels in the blood Euphoria relaxation and increased alertness Increased risk of dependence and addiction Increased risk of developing mental health issues such as depression anxiety and schizophreniaThese short-term effects of tobacco use can have serious and long-term health consequences and it is important to be aware of them when considering using tobacco.
What are the short term side effects of nicotine?
Decreased bowel activity!
A short period of somewhat decreased business activity is know as a?
releap c:
What is a production period that allows changes only in variable inputs?
This production period is called the short run production period. This means that the amount of capital in the firm is fixed and cannot change because it takes time for the firm to receive ordered capital. In this situation the firm must change labor and materials (variable inputs) in order to maximize profits. The opposite of the short run production period is the long run production period. In the long run all inputs are flexible and the firm can theoretically maximize profits at any level of capital.
Will blood get decreased if you donate the blood?
yes, but after a very short time it get regenerated in our body
What are some short term effects of type 2 diabetes?
Some short term effects of uncontrolledtype 2 diabetes: Increasing fat deposits around the middle (apple shape, belly fat) Increased cholesterol (LDL) and triglycerides Increased blood pressure Fatigue Lessened focus and concentration Hunger with carbohydrate cravings Energy slump, especially after meals Irritability Mild depression and melancholy Blurry vision Light sensitivity Decreased libido Increased frequency of infections Longer time for wound healing Thirst Increased frequency of urination Bleeding gums
