For economic analysis, the long run is any period in which all inputs are variable (regardless of the length of time involved).

Name: For economic analysis, the long run is any period in which all inputs are variable (regardless of the length of time involved).
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In economic analysis, the long run refers to a period in which all inputs or factors of production can be varied, allowing firms to adjust all aspects of their operations, unlike the short run where at least one input is fixed.

For Economic Analysis, the Long Run Is Any Period in Which