In the long run means "eventually." If you think your job will be good experience in the long run, you believe that after a long time passes, you'll be glad you had it.
Over a lengthy period of time, in the end. For example, He realized that in the long run, their argument wouldn't seem so awful . This expression, which originated as at the long run in the early 1600s, presumably alludes to a runner who continues on his course to the end. ...
to (cause to) meet or endure a certain condition:[no object]to run into trouble. to tend to have a specified quality, form, etc.:[~ + to + object]This novel runs to long descriptions. to be stated or worded:[no object]The text runs as follows. to amount; total:[~ + to + obj...
Define run in. run in synonyms, run in pronunciation, run in translation, English dictionary definition of run in. v. ran , run , run·ning , runs v. intr. 1. a. To move swiftly on foot so that both or all feet are not on the ground during each stride. b
distinction between the short run and the long run. As it turns out, the definition of these terms depends on whether they are being used in amicroeconomicor macroeconomic context. There are even different ways of thinking about themicroeconomicdistinction between the short run and the long run....
Long-Run Phillips Curve | Overview & Graph Inflation & Unemployment | Definition & Relationship 4:11 Ch 10. Economic Growth and Productivity Ch 11. Money, Banking and Financial... Ch 12. Central Bank and the Money... Ch 13. Fiscal and Monetary Policies Ch 14. Foreign Exchange and the...
The short run as a constraint differs from the long run. In the short run, leases, contracts, and wage agreements limit a firm's ability to adjust production or wages to maintain a rate of profit. In the long run, there are no fixed costs; costs find balance when the combination of ...
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Diminishing marginal returns are an effect of increasing input in the short-run, while at least one production variable is kept constant, such as labor or capital. Returns to scale, on the other hand, are an impact of increasing input in all variables of production in the long run. This ...
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