short-run (Meaning)

Wordnet

short-run (s)

relating to or extending over a limited period

Synonyms & Antonyms of short-run

No Synonyms and anytonyms found

short-run Sentence Examples

  1. The short-run refers to a period of time where at least one factor of production is fixed.
  2. In the short-run, firms cannot adjust their capital stock, which limits their ability to expand output.
  3. Short-run decisions focus on how to efficiently utilize existing resources to maximize output.
  4. Short-run supply curves are typically upward sloping due to diminishing marginal returns.
  5. The short-run equilibrium is determined by the intersection of the short-run supply and demand curves.
  6. Short-run fluctuations in demand can lead to temporary imbalances in the market.
  7. In the short-run, labor costs are often considered fixed, while variable costs like materials can fluctuate.
  8. Short-run economic models are useful for analyzing immediate market trends and policy implications.
  9. Short-run government interventions, such as price controls, can have unintended consequences.
  10. Understanding short-run market dynamics is crucial for business planning and economic forecasting.

FAQs About the word short-run

relating to or extending over a limited period

No synonyms found.

No antonyms found.

The short-run refers to a period of time where at least one factor of production is fixed.

In the short-run, firms cannot adjust their capital stock, which limits their ability to expand output.

Short-run decisions focus on how to efficiently utilize existing resources to maximize output.

Short-run supply curves are typically upward sloping due to diminishing marginal returns.