LONG RUN
A period in which all components of production and costs are adjustable. Companies are capable to adjust all costs, unlike in short run because it can only affect prices through adjustments made in production levels. In addition to that, companies can be a monopoly in the short-term for they may anticipate competition in the long run.
In economics, long run models can turn away from short-turn equilibriums, by which supply and demand respond to price levels with more flexibility.
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Infrastructure
Basic physical systems of a business or country such as roads, utilities, transportation, communication, sewage, and water and electric systems, am ...
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Act of managing and/or reducing business expenditures done by determining the costs and evaluating if such expenses are affordable and reasonable. ...
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ECONOMIC CALENDAR
Time | Country | Indices | Period |
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05:00 | Credit Card Spending | Mar | |
14:30 | Industrial Product Price Index | Mar | |
14:30 | New Housing Price Index | Mar | |
14:30 | Raw Materials Price Index | Mar | |
16:00 | Consumer Confidence | Apr | |
02:30 | PMI Manufacturing | Apr | |
02:30 | Tertiary Industry Index | Apr | |
02:30 | PMI Composite | Apr | |
08:00 | Public Sector Net Borrowing | Mar |