ECO 550 WEEK 4 DISCUSSION I

ECO 550 WEEK 4 DISCUSSION I
Production Economics Please respond to the following
 From the scenario for Katrina- 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- Candies should use for expansion decisions in the short run and in the long run. Provide rationale for your response.

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