PLEASE HELP long run production function
Okay, so for the short run production function, there is the variable input on the x axis and output on the y axis.
But with the LONG run production function, all factors are variable. SO which one is on the x axis? Is the output still placed in the y axis?
But with the LONG run production function, all factors are variable. SO which one is on the x axis? Is the output still placed in the y axis?
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