what is
 






 

Question by  Matt31 (11)

What is a "short run production"?

How short does it need to be?

 
+7

Answer by  NoblesseOblige (444)

Short run production is most commonly used when referring to production on a small scale to meet the quantity of a fixed supply. For instance, if you needed 3 cups of sugar and 2 apples for an apple pie and you had 20 apples but only 20 cups of sugar, short term production would mean acquiring/making 10 cups of sugar.

 
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