Costs in the short run versus in the long run
Scooter's Scooters is a large American manufacturer of electric scooters operating out of Detroit. Currently, the company produces all of its scooters using only one factory. In the long run, Scooter's Scooters can vary its production levels by expanding or contracting its number of factories. Which of the following costs is likely to be different for Scooter's Scooters in the short run versus the long run?
a) Variable costs
b) Fixed costs
c) Marginal costs
d) Average total costs