Question: What can be correct diffrrnce? Question 6 Which of the following is a correct difference between short run and long run, in terms of production

What can be correct diffrrnce?

Question 6 Which of the following is a correct difference between short run and long run, in terms of production time frame? Short run is any length up to 3 months; long run is any length longer than 3 months. Short run is the very short period when no costs are incurred; long run is anything longer than that. O Short run is the period when profit is negative at the beginning of a new business; long run is when profit turns positive later. O Short run is the period of time when some input is fixed; long run is when all inputs are variable

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