RE: 17-03-2024 - Economy - Production costs [EN]-[IT]
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Wow I so much understand this with simplicity. Thank you so much for making it simple to actually understand
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Thanks for being present. These concepts are very important and perhaps as you say, for some of us these concepts are understandable. One of the things I think is important regarding production costs is the following. Since in the long run even costs that are fixed in the short run are variable, the short-run average total cost curves differ from the long-run average cost curve.