is there difference?
I thought I read somewhere they are different but I can’t find it…
can someone briefly explain please?
Diminishng returns = Short term = Some factors are fixed.
Diseconomies = Long run concept = All factors are variable.
is there difference?
I thought I read somewhere they are different but I can’t find it…
can someone briefly explain please?
Diminishng returns = Short term = Some factors are fixed.
Diseconomies = Long run concept = All factors are variable.