Difference between revisions of "Long Run"
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| − | The | + | 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. |
Revision as of 04:26, July 12, 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.