UDTR Global Rights of Nature Radar

Analysis of Short-Run and Long-Run Production Costs in Microeconomic Theory

Identification

Public canonical key

radar:r-152e71e47a9dbd5ff6f160b8f7fab780

Authors

Mochamad Faiq Ahimza Zain · Sarpini Sarpini

Reported year

2026

Reported language

en

Source type

article

First detected

2026-11-13T12:43:54.113582+00:00

Last metadata observation

2026-11-13T12:43:54.113582+00:00

Last HTTP verification

Not checked

Institutions reported by the source

Universitas Islam Negeri Profesor Kiai Haji Saifuddin Zuhri Purwokerto

Reported affiliation countries

ID

Documentary abstract — original language

Production costs influence output selection, temporary shutdown decisions, and capacity planning under different input constraints. This article examined short-run and long-run production cost structures, compared their underlying mechanisms, and considered implications for firm decisions. A narrative literature review synthesized microeconomic theory and relevant journal studies through conceptual classification, comparison, and mathematical illustrations. Short-run costs were examined using a hypothetical total cost function distinguishing fixed and variable expenditures, average costs, and marginal costs. The analysis showed that diminishing marginal returns can increase marginal cost, while spreading fixed expenditure across output initially reduces average total cost. The illustrative function yielded minimum average total cost of 30 at 10 output units. Long-run analysis emphasized flexible inputs, cost-minimizing capacity choices, and the envelope relationship between long-run and short-run average cost curves. A second hypothetical function reached minimum long-run average cost of 24 at six output units, illustrating economies and diseconomies of scale. Short-run operating decisions were interpreted using marginal revenue and marginal cost, together with the avoidable-cost shutdown criterion. These results distinguish theoretical cost relationships from firm-level measurements and do not constitute observed industrial efficiency outcomes. Their practical application requires empirical cost and production data, especially when technology, market conditions, and adjustment constraints differ.

Identifiers

OPENALEX

https://openalex.org/W7225339896

DOI

10.65310/f084zx13

Documentary context

Documentary family

article

Source-reported types

article

Entity mentions are not evidence of legal recognition. Jurisdiction studied is separate from author affiliation country.

Sources

OpenAlex · Record 1

• Document · https://doi.org/10.65310/f084zx13

Documentary status

Relevance pending

Library

This identity is not yet included in the Legal Library.