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When economists examine firms over time they must define the Short Run and Long Run Short Run –Only some inputs (e.g. labor) can be adjusted –Not enough. - ppt download
![1 © 2015 Pearson Education, Inc. Chapter Outline and Learning Objectives 11.1Technology: An Economic Definition 11.2The Short Run and the Long Run in Economics. - ppt download 1 © 2015 Pearson Education, Inc. Chapter Outline and Learning Objectives 11.1Technology: An Economic Definition 11.2The Short Run and the Long Run in Economics. - ppt download](https://images.slideplayer.com/34/10191372/slides/slide_3.jpg)
1 © 2015 Pearson Education, Inc. Chapter Outline and Learning Objectives 11.1Technology: An Economic Definition 11.2The Short Run and the Long Run in Economics. - ppt download
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