Long run (长期)

Long run (长期 cháng qī) refers to a relatively long period of time in which all factors of production and costs are flexible and firms are earning zero economic profits. Also see: short run.

Long run (长期 cháng qī) as in:

  1. Long-run growth (长期增长 cháng qī zēngzhǎng).
  2. Long-run returns (长期回报 cháng qī huíbào).
» Add a new term or correction« Back to Glossary Index