Short Run

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(′shört ′rən)

(metallurgy) Pertaining to a mold or casting filled only partially with molten metal.


A period of time long enough for existing firms in an industry to increase production in reaction to changing economic conditions, but not long enough to allow them to increase capacity or for new firms to enter the industry.

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A period of time in which the quantity of some inputs cannot be increased beyond the fixed amount that is available.

Investopedia Says:
For example,what quantity of inventory to order is a short run decision. Whether or not to build a new factory would be considered a long run decision.

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IN BRIEF: adj. - Relating to or extending over a limited period.

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Mentioned in

Hobhouse, Henry (Quotes By)
short (Idiom)
Amara's law (technology)
Creeping Inflation (business term)