Whilst there can be slight variations between the exact structure and type of study between the various scientific disciplines, there are certain key scientific elements that all must possess to some degree.
Long-Term Growth - LTG. What does 'Long-Term Growth - LTG' mean. Long-term growth (LTG) is an investing strategy or concept where a security will appreciate in value for a relatively long period of time, whether or not the growth is initiated immediately or later on.
Long Run Cost Curves. The long run cost curves are u shaped for different reasons. It is due to economies of scale and diseconomies of scale. If a firm has high fixed costs, increasing output will lead to lower average costs. However, after a certain output, a firm may experience diseconomies of scale.