Let's suppose that you own a fast food restaurant and you are faced with many customers each day eating in the restaurant without any tables. Explain the difference between the short run and long run in the example to bringing about more tables for the customers. How is the restaurant capable to distinguish between the short run and long run?
Guided Response: Review the discussion board posts of your classmates. Describe the difference between short run and long run with relation to costs. Respond to at least two of your classmates. Describe how short run and long run differ in a firm.