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  2. Share Prices
  3. Finance Glossary
  4. Terms Beginning With L
  5. Long Run

Long Run

Definition of 'Long Run'

The period long enough for the firm to adjust all its inputs to a change in conditions.

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Related Terms

Long-Run EquilibriumExtreme KeynesiansShort-Run EquilibriumDiseconomies of ScaleLong-Run Total Cost CurveMinimum Efficient ScaleLife Cycle Stage of Value CreationMatching PrincipleAbandoned OptionAdverse Supply ShockAnnualiseAnnualizeAverage CostCentral Gilts OfficeConsortiumCorporate GovernanceExhaustible ResourcesManagement FeeProprietorial CompaniesSelf Financing

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