Strayer ECO550 Week 4 Discussion Question

ECO 550 Week 4 Discussion Question
ECO 550 Week 4 Discussion Question
“Production Economics” Please respond to the following:
From the scenario, 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.
From the e-Activity, recommend whether the company in
question should or should not continue to produce the good or service. Provide
a rationale for your response