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Short Run is an economics term for a short period of time in which a company can make only temporary changes to its operation.
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Short Run is an economics term for the period of time during which a firm is bound by some unalterable contract, such as a contract to consume a certain quantity of inputs or to produce a certain quantity of goods. When a firm makes decisions over a time period wherein it is not permanently bound to any contracts, it enters the long run.
    
[[Category:Economics]]
 
[[Category:Economics]]
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