What does long run mean?

Definitions for long run
long run

This dictionary definitions page includes all the possible meanings, example usage and translations of the word long run.

Princeton's WordNet

  1. long run, long hauladjective

    a period of time sufficient for factors to work themselves out

    "in the long run we will win"; "in the long run we will all be dead"; "he performed well over the long haul"

  2. long-run, long-term, semipermanentadjective

    relating to or extending over a relatively long time

    "the long-run significance of the elections"; "the long-term reconstruction of countries damaged by the war"; "a long-term investment"

Wiktionary

  1. long runnoun

    An extended period of time.

Wikipedia

  1. long run

    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 in equilibrium. The long-run contrasts with the short-run, in which there are some constraints and markets are not fully in equilibrium. More specifically, in microeconomics there are no fixed factors of production in the long-run, and there is enough time for adjustment so that there are no constraints preventing changing the output level by changing the capital stock or by entering or leaving an industry. This contrasts with the short-run, where some factors are variable (dependent on the quantity produced) and others are fixed (paid once), constraining entry or exit from an industry. In macroeconomics, the long-run is the period when the general price level, contractual wage rates, and expectations adjust fully to the state of the economy, in contrast to the short-run when these variables may not fully adjust.

How to pronounce long run?

How to say long run in sign language?

Numerology

  1. Chaldean Numerology

    The numerical value of long run in Chaldean Numerology is: 4

  2. Pythagorean Numerology

    The numerical value of long run in Pythagorean Numerology is: 2

Examples of long run in a Sentence

  1. Arthur C. Clarke, The Exploration of Space, 1951:

    If we have learned one thing from the history of invention and discovery, it is that, in the long run - and often in the short one - the most daring prophecies seem laughably conservative.

  2. Gary Blasi:

    There's no doubt that in the short run, this will reduce the number of encampments on Skid Row and increase property values, but in the long run, I fear it could make things worse by serving as an excuse to turn to police to clear people off sidewalks.

  3. Narayana Kocherlakota:

    This would offset the impact of a decline in the long-run neutral real rate of interest by giving the( Fed) more' policy space' to respond to adverse shocks.

  4. Angela Merkel:

    What isn't acceptable in my view is that some people are saying this has nothing to do with them, this won't work in the long run. There will be consequences although we don't want that.

  5. Oniki Hardtman:

    It's no longer just about selling our services, it does have to be an education of how we're going to end up saving them money in the long run.

Translation

Find a translation for the long run definition in other languages:

Select another language:

  • - Select -
  • 简体中文 (Chinese - Simplified)
  • 繁體中文 (Chinese - Traditional)
  • Español (Spanish)
  • Esperanto (Esperanto)
  • 日本語 (Japanese)
  • Português (Portuguese)
  • Deutsch (German)
  • العربية (Arabic)
  • Français (French)
  • Русский (Russian)
  • ಕನ್ನಡ (Kannada)
  • 한국어 (Korean)
  • עברית (Hebrew)
  • Gaeilge (Irish)
  • Українська (Ukrainian)
  • اردو (Urdu)
  • Magyar (Hungarian)
  • मानक हिन्दी (Hindi)
  • Indonesia (Indonesian)
  • Italiano (Italian)
  • தமிழ் (Tamil)
  • Türkçe (Turkish)
  • తెలుగు (Telugu)
  • ภาษาไทย (Thai)
  • Tiếng Việt (Vietnamese)
  • Čeština (Czech)
  • Polski (Polish)
  • Bahasa Indonesia (Indonesian)
  • Românește (Romanian)
  • Nederlands (Dutch)
  • Ελληνικά (Greek)
  • Latinum (Latin)
  • Svenska (Swedish)
  • Dansk (Danish)
  • Suomi (Finnish)
  • فارسی (Persian)
  • ייִדיש (Yiddish)
  • հայերեն (Armenian)
  • Norsk (Norwegian)
  • English (English)

Word of the Day

Would you like us to send you a FREE new word definition delivered to your inbox daily?

Please enter your email address:


Citation

Use the citation below to add this definition to your bibliography:

Style:MLAChicagoAPA

"long run." Definitions.net. STANDS4 LLC, 2024. Web. 7 May 2024. <https://www.definitions.net/definition/long+run>.

Discuss these long run definitions with the community:

0 Comments

    Are we missing a good definition for long run? Don't keep it to yourself...

    Free, no signup required:

    Add to Chrome

    Get instant definitions for any word that hits you anywhere on the web!

    Free, no signup required:

    Add to Firefox

    Get instant definitions for any word that hits you anywhere on the web!

    Browse Definitions.net

    Quiz

    Are you a words master?

    »
    a rugged box (usually made of wood); used for shipping
    A leaven
    B crate
    C helm
    D snap

    Nearby & related entries:

    Alternative searches for long run: