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
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"
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
long runnoun
An extended period of time.
Wikipedia
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.
ChatGPT
long run
In economics, the long run refers to a period of time in which all factors of production and costs are variable. It is a timeframe where a business can alter all of its inputs, such as labor, capital or raw materials, in response to changes in demand, technology, or other economic conditions. This term is also used in various other fields such as statistics, finance, and investing with varying definitions, but generally refers to a sustained, extended period of time that is not characterized by immediate or short-term considerations.
Numerology
Chaldean Numerology
The numerical value of long run in Chaldean Numerology is: 4
Pythagorean Numerology
The numerical value of long run in Pythagorean Numerology is: 2
Examples of long run in a Sentence
In the long run the US has to be in the game and has to reduce emissions, otherwise we won't get to the Paris goals, but in the short run it's not a catastrophe. It's not insignificant, but it's not a catastrophe.
Effective altruists in my experience don't feel guilty about occasional indulgences, if they're doing it in the long run, they have to give themselves a break now and again.
I actually think it is very good for the long-run health of the administration that they're learning early that managing the Congress is a very difficult and very complicated job, if they'd been able to rush it through, they wouldn't heave learned just how hard everything in Congress is.
Brazil is very important for Ternium and it makes sense for the company to stay here for the long run. We are not willing to sell our stake at this moment.
We're not planning on going anywhere, when it comes to safety and security, we're building the safest app because we know it's the right thing to do... We're here for the long run.
Translation
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"long run." Definitions.net. STANDS4 LLC, 2024. Web. 26 Apr. 2024. <https://www.definitions.net/definition/long+run>.
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