long-run equilibrium - ορισμός. Τι είναι το long-run equilibrium
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Τι (ποιος) είναι long-run equilibrium - ορισμός

CONCEPT IN ECONOMICS
Long run; Short run; Longer-term; Long Run; Short-run; Long-run; Long-run and short-run; Short run cost; In the long run we are all dead; Long-run equilibrium; Short-run equilibrium

long run         
n.
long-range outlook
in, over the long run
short run         
n.
brief period
in the short run
Long run and short 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.

Βικιπαίδεια

Long run and short 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.

Παραδείγματα από το σώμα κειμένου για long-run equilibrium
1. Market estimates suggest that the lira may be above its long–run equilibrium value.
2. John Thakur Das Karachi—The Governor State Bank of Pakistan Dr Shamshad Akhtar said Sunday the exchange rate has broadbased implications for resource allocation, trade openness, balance of payments and growth of the economy and therefore it needs to be left to market fundamentals so that it aligns itself closer to the long run equilibrium rate.