the period of indeterminate length in which, in economic theory, all markets should readjust until they are in equilibrium.
in terms of production processes, a time period in which all inputs to production can be varied in quantity
A period during which all the firm's resources are variable; also, a period during which previous wage contracts and resource price agreements can be renegotiated.
the minimum period of time during which all inputs to production can be changed.
a period of time long enough that the quantities of all resources can be varied
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"
The period of time in which all inputs are variable. The firm can change completely the resources it uses in the long run.
The time frame in which the quantities of all resources can be changed. (p. 262)
This is the term used for a period of time. "In the long run a good, solid poker player will be a winning player."
A period of time in which a firm can vary the quantities of all its inputs. There are no fixed costs in the long run.
Long slow distance run of 1 to 3 hours in duration. These runs may include brief breaks for walking, stretching, rehydration, and bathroom visits. Beginners often cover these runs at their goal marathon pace. Intermediate and Advanced runners often start at a pace slower than their goal marathon pace, and finish at slightly faster than goal marathon pace.
The extended amount of time during any given session (or through multiple sessions) when number frequency starts to asymptotically approach that which is predicted by probability theory. Also called Long-Term.
In terms of operating activities, a period of time in which all costs are variable.
The point where the machine's total appearance of number values is what probability theory predicts. For a player the long run is to play often enough that probability would even the outcomes.
A firm is in the long run when it experiences a period of time so long that all inputs are variable
Long run is a period of time in which a firm can vary the quantities of all its inputs.
A period of time in which all costs are variable; greater than one year.
The number of rounds of play, hands or spins, needed for the ratio of wins to losses to reach a point where they are changed very little by the cumulative effect of outcomes.
Theoretical term describing the ultimate balancing-out of wins and losses over a long period of time.