Difference between revisions of "Long Run"

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The '''long run''' is a term in [[economics]] for the distant future.  Long run costs for a seller include building factories, buying new equipment, and hiring new employees.
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#REDIRECT [[Long run]]
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Economist [[John Maynard Keynes]] famously quipped, "Long run is a misleading guide to current affairs. In the long run we are all dead."[http://www.bartleby.com/66/8/32508.html]
 
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[[category:economics]]
 

Latest revision as of 21:45, May 26, 2009

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