In the long run, all costs are variable costs. Economic profit as the measure of their performance. Webstudy with quizlet and memorize flashcards containing terms like demand, thousand, calim and more.

Change in total cost when producing one more unit of output. Why wait 10 years for a reduction in unemployment when the reduction could be achieved much quicker?. Websep 30, 2009 · this is why he quipped in the long run we are all dead. Webthe more units produced, the lower is cost per unit.