ECO-550 week 4 DQ-1 Production Economics Please respond to thefollowing: * From the scenario for Katrinas Candies determinethe relevant costs for the expansion decision and distinguishbetween the short run and the long run costs. Recommend the keydecision-making criteria that Katrinas Candies should use forexpansion decisions in the short run and in the long run. Providerationale for your response.