In economics, the long-run is a theoretical concept in which all markets are in equilibrium, and all prices and quantities have fully adjusted and are...
short run, others to the longrun. There are standard acronyms for each cost concept, expressed in terms of the following descriptors: SR = short run (costs...
LongRun may refer to: The LongRun (album), a 1979 album by the Eagles "The LongRun" (song), a 1979 song by the Eagles from the album The LongRun (film)...
In the LongRun is a British comedy-drama television series created by Idris Elba which premiered on Sky One on 29 March 2018. Loosely based on Elba’s...
Long May You Run is a studio album credited to the Stills–Young Band, a collaboration between Stephen Stills and Neil Young, released in 1976 on Reprise...
Stocks for the LongRun is a book on investing by Jeremy Siegel. Its first edition was released in 1994. Its fifth edition was released on January 7, 2014...
The LongRun massacre occurred on 13 September 1781 at the intersection of Floyd's Fork creek with LongRun Creek, along the Falls Trace, a trail in what...
LongRun and LongRun2 are power management technologies introduced by Transmeta. LongRun was introduced with the Crusoe processor, while LongRun2 was introduced...
1977 to begin work on their next album, The LongRun. The album took two years to complete. The LongRun was released on September 24, 1979. Considered...
marginal cost can be either short-run or long-run marginal cost, depending on what costs vary with output, since in the longrun even building size is chosen...
in the output market the long-run market equilibrium will involve all firms operating at the minimum point of their long-run average cost curves (i.e...
probability as the limit of its relative frequency in many trials (the long-run probability). Probabilities can be found (in principle) by a repeatable...
rate and thus an incentive to produce more output. In the neoclassical longrun, on the other hand, the nominal wage rate varies with economic conditions...
Sleeps, and Soldiers Live) (January 2010) The short stories of the On The LongRun arc all take place within the first 4 years of the 6-year gap between Shadows...
in the long-run, productive efficiency occurs as new firms enter the industry. Competition reduces price and cost to the minimum of the longrun average...
products." Economists distinguish between long-run economic growth and short-run economic changes in production. Short-run variation in economic growth is termed...