Short run

 

 

 

Short run

 

Glossary of business

 

Definition of short run

 

The short-run is the period of time in which at least one factor of production is fixed. Over this time period the firm can only expand production by using more of the variable factor.

 

Source : http://business-tes.wikispaces.com/file/view/Glossary.doc

link: http://business-tes.wikispaces.com/

Author : not indicated on the source document of the above text

 

Terminology about business

 

Job world

 

 

Definition and meaning of short run

 

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Meaning of short run

 

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