Long run and short run - Wikipedia, the free encyclopedia In microeconomics, the long run is the conceptual time period in which there are no ... Economics, 18th ed., [end] Glossary of Terms, "Long run" and "Short run.
Long Run Definition | Investopedia Additionally, whereas firms may be a monopoly in the short-term they may expect competition in the long-term. In economics, long-run models may shift away ...