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Graphical representation of impact of redcution in real energy prices on firm's short-run and long run structure .

Fuel costs are important inputs to any transportation activity. Suppose that real energy prices fall. Graphically depict the impact that this would have upon a firm's total short-run and long run structure and what would you expect a comapny's long-run response to a fall in energy prices?

 

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M922804

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