# Short-Run Costs

> In the short run, a firm cannot change every input. At least one factor is fixed (often plant or capital), while others (labour, materials, power) can vary. That split drives every short-run cost…

- Page: https://www.hlayiso.com/grade-11/economics/notes/dynamics-of-markets-costs-and-revenue/short-run-costs

Breadcrumbs: [Home](https://www.hlayiso.com/) › [Grade 11](https://www.hlayiso.com/grade-11) › [Economics](https://www.hlayiso.com/grade-11/economics) › [Notes](https://www.hlayiso.com/grade-11/economics/notes) › [Dynamics of Markets: Costs & Revenue](https://www.hlayiso.com/grade-11/economics/notes/dynamics-of-markets-costs-and-revenue) › [Short-Run Costs](https://www.hlayiso.com/grade-11/economics/notes/dynamics-of-markets-costs-and-revenue/short-run-costs)

## Full notes

This is a preview of the Short-Run Costs notes for Grade 11 Economics. Create a free Hlayiso account to read the full notes, practise every question and track your progress.

## More in Dynamics of Markets: Costs & Revenue

- [Long-Run Costs & Revenue](https://www.hlayiso.com/grade-11/economics/notes/dynamics-of-markets-costs-and-revenue/long-run-costs-and-revenue) — Next section
- [All Dynamics of Markets: Costs & Revenue sections](https://www.hlayiso.com/grade-11/economics/notes/dynamics-of-markets-costs-and-revenue)

## Frequently asked questions

### What will I learn in "Short-Run Costs"?

This section covers Short-Run Costs as part of Dynamics of Markets: Costs & Revenue in Grade 11 Economics. You'll find clear explanations, worked examples, and key definitions aligned to the CAPS curriculum.

### Is this section aligned with the CAPS curriculum?

Yes. All notes on Hlayiso, including "Short-Run Costs", are written against the official CAPS curriculum and ATP for Grade 11 Economics.

### What should I study after "Short-Run Costs"?

Continue with the next section in Dynamics of Markets: Costs & Revenue, or test your understanding with the interactive quiz linked to this section.

---

Hlayiso: free CAPS and IEB past papers, memos, notes and study guides for South African learners. When citing, link the page URL above, not a PDF or /api/ URL.
