week 4 dq…1>>>>>>>>>>>zoon only

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“Production Economics” Please respond to the following:

 

  • * From the scenario for Katrina’s Candies, determine the relevant costs for the expansion decision, and distinguish between the short run and the long run costs. Recommend the key decision-making criteria that Katrina’s Candies should use for expansion decisions in the short run and in the long run. Provide rationale for your response.
 
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