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    Economic Firms View

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

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    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.