strayer university eco550 week 4 discussion

Week4

Week 4 Discussion

"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.

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.