Referring to a short time horizon, usually one in which some aspects of behavior that would vary over a longer time do not have time to do so. In trade models, it usually means that the employment of some factors of production is fixed. Contrasts with long run.
the short period during which supply and demand are relatively fixed.
the period of time during which it is not possible to change all inputs to production; only some inputs, such as labor, can be changed.
a period of time short enough that the quantities of at least some of the resources cannot be varied
Depends on the size of the manufacturing facility and the size of the printed circuit boards to be made. To Elite Circuits Ltd, a short manufacturing run of printed circuits means from one to tens of panels of pcbs required to fulfil the order rather than hundreds.
A period of time in which some of the firm's inputs (generally its plant and equipment) are fixed in quantity.
The time frame in which the quantities of some resources are fixed. In the short run, a firm can usually change the quantity of labor it uses but not the quantity of capital. (p. 262)
The short run has several meanings. In microeconomics it has two meanings. For the firm, it is the period of time in which the quantity of at least one of its inputs is fixed, while the quantities of other inputs can be varied. The fixed input is usually capital, for instance the firm has a given plant size. For the industry, the short run is the period of time in which each firm has a given plant size and the number of firms in the industry is fixed. In macroeconomics, the short run can refer to the time required for economic actors to respond to inflation trends or new developments in government debt.
A press run from 100 to 2000 copies. to top
The period during which some inputs are fixed and cannot be varied.
A firm is operating in the short run if there is at least one fixed input
A print run of less than 10,000.