There is no long run; there are only short and shorter runs. Evaluate that statement.

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“There is no long run; there are only short and shorter runs.” Evaluate that statement.

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Microeconomics

ISBN: 9781260507140

11th Edition

Authors: David Colander

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Question Posted: Mar 12, 2024 04:55 AM

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There is no long run; there are only short and shorter runs. Evaluate that statement.

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The statement There is no long run there are only short and shorter runs suggests a perspective that challenges the concept of a definite longterm per...View the full answer

Microeconomics

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