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Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses
Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licensesView Video

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  5. Long-Run Total Cost Curve

Long-Run Total Cost Curve

Definition of 'Long-Run Total Cost Curve'

The minimum cost of producing each output level when the firm can adjust all inputs.

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Related Terms

Long-Run EquilibriumShort-Run EquilibriumMinimum Efficient ScaleExtreme KeynesiansAverage CostMarket Demand CurveSupply CurveLong RunWeighted Average Cost of CapitalCurrent Cost AccountingExpectations Hypothesis of the Term Structure of Interest Rates (Yield Curve)Liquidity-Preference Hypothesis of the Term Structure of Interest RatesDiseconomies of ScaleMarginal CostSunk CostAnnualiseAnnualizeLife Cycle Stage of Value CreationMatching PrincipleAgeing Schedule

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