econmics

.”Production Economics”

•* From the scenario for Katrina’s 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’s Candies should use for expansion decisions in the short run and in the long run. Provide rationale for your response

2. “Production Decisions

•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.

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