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earnstyle [38]
2 years ago
12

__ are products that have low immediate appeal but may benefit consumers in the long run.

Business
1 answer:
BabaBlast [244]2 years ago
7 0

Salutary products are products that have low immediate appeal but may benefit consumers in the long run.

<h3>What is Long Run?</h3>

There is a time frame known as the long run during which all cost and production elements are erratic. In the long run, businesses modify every expense, but in the short term, they can only affect prices by changing their production levels. A company may also anticipate competition in the long run, even though it may currently have a monopoly in the near term.

A long run is a span of time during which a manufacturer or producer can make production-related decisions with some latitude. Depending on the predicted profits, businesses can either increase or decrease their production capacity, or enter or leave a certain industry.

In order to achieve an equilibrium between supply and demand, firms that look at the long term understand that they cannot change output levels.

To know more about Long Run, visit

brainly.com/question/13029724

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