In line with the classical economic view of short run and the long run - best demonstrated by images of cost curves - the fractal is the math of the said phenomena.
Short Run:
The development and growth of the fractal – from iteration 1 to the equilibrium iteration is the fractal (economic) Short Run. The Short Run is the effect of the starting rule, e.g. branching, or adding of triangles.
The Long Run is the end state, the total superpostition, where all the infinite possibilities are shown : the state where equilibrium iteration shape is set – to the fully developed tree, or snowflake.
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