Explore BrainMass

Economic Firms View

Do you feel that firms should take the "long" view, or the "short" view in regards to economics?

Solution Preview

In economics, long run is the basic idea for any entreprenuer to esatblish a business. Noone starts a business to shut it down in a couple of months unless ...

Solution Summary

The economic firm views are determined. The productivity for capital and labour is given.