In the short run, shouldn't one produce as long as fixed costs are being covered? I'm confused on this. WHich costs should you be concerned with for the short run? fixed, total, average variable, overhead, average fixed? there are so many.© BrainMass Inc. brainmass.com July 16, 2018, 12:36 pm ad1c9bdddf
In the short run, there is at least one factor fixed, like machinery, establishment, capital etc. that cannot be varied. Clearly, in the short run, ...
This job stresses fixed costs.