One assumption that distinguishes short-run cost analysis from long-run cost analysis for a profit-maximizing firm is that in the short run,
a. the size of the factory is fixed.
b. output is not variable.
c. the number of workers used to produce the firm's product is fixed.
d. there are no fixed costs.
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Home » Business » One assumption that distinguishes short-run cost analysis from long-run cost analysis for a profit-maximizing firm is that in the short run, a. the size of the factory is fixed. b. output is not variable. c.