Explain why fixed costs do not exist in the long run and why they are typically irrelevant to the production decision in the short run.

Name: Explain why fixed costs do not exist in the long run and why they are typically irrelevant to the production decision in the short run.
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The Answer of Explain why fixed costs do not exist in the long run and why they are typically irrelevant to the production decision in the short run.

Explain Why Fixed Costs Do Not Exist in the Long