Tag Archives | Short-Run and Long-Run Demand

This article will help you to learn about the causes of difference between short-run and long-run demand. Causes of Difference between Short-Run and Long-Run Demand The following points highlight the two main causes of difference between the short-run and long-run demand for a good. The causes are: 1. Cultural Lag 2. Investment of Capital by the Consumers to Change the [...]