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. | + | 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. |
[[category:economics]] | [[category:economics]] | ||
Revision as of 20:31, August 17, 2007
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.