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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?

© BrainMass Inc. brainmass.com September 21, 2018, 12:39 pm ad1c9bdddf - https://brainmass.com/economics/economic-growth/economic-firms-view-21768

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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.

$2.19