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Difference Between Short Run and Long Run Production Function (with Comparison Chart) - Key Differences
![A firm's short-run production function is given by Q = 1/2.L^2 for 0 \le L \le 2 and Q = 3L - 1/4.L^2 for 2 \le L \le 7 a) Sketch the A firm's short-run production function is given by Q = 1/2.L^2 for 0 \le L \le 2 and Q = 3L - 1/4.L^2 for 2 \le L \le 7 a) Sketch the](https://study.com/cimages/multimages/16/nishant1121131074191914713463.jpg)
A firm's short-run production function is given by Q = 1/2.L^2 for 0 \le L \le 2 and Q = 3L - 1/4.L^2 for 2 \le L \le 7 a) Sketch the
![Difference between the Short-run Production Function and Long-run Produc... | How to run longer, Running, Economics Difference between the Short-run Production Function and Long-run Produc... | How to run longer, Running, Economics](https://i.pinimg.com/originals/2a/34/0d/2a340d385908483eac9a88fc5af0d938.jpg)
Difference between the Short-run Production Function and Long-run Produc... | How to run longer, Running, Economics
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Chapter 9 Production. Chapter Outline The Production Function Production In The Short Run Production In The Long Run Returns To Scale ppt download
1: The Short-Run Production Function Source: Author's own construction | Download Scientific Diagram
![Short-run & Long-run Production Function I Economics I Drona Ale I Eng Grammar I Essential Info - YouTube Short-run & Long-run Production Function I Economics I Drona Ale I Eng Grammar I Essential Info - YouTube](https://i.ytimg.com/vi/MS7VvyuSwrA/maxresdefault.jpg)
Short-run & Long-run Production Function I Economics I Drona Ale I Eng Grammar I Essential Info - YouTube
![CHAPTER 10 Cost Curves. Short-Run & Long-Run Cost Functions Fixed costs Fixed factors of production Don't change with output Variable costs Variable factors. - ppt download CHAPTER 10 Cost Curves. Short-Run & Long-Run Cost Functions Fixed costs Fixed factors of production Don't change with output Variable costs Variable factors. - ppt download](https://images.slideplayer.com/19/5869312/slides/slide_3.jpg)