https://market.subwiki.org/w/index.php?action=history&feed=atom&title=Short_run 2026-08-07T15:26:21Z Revision history for this page on the wiki MediaWiki 1.41.2 https://market.subwiki.org/w/index.php?title=Short_run&diff=275&oldid=prev 2009-06-22T12:56:07Z

<p>Created page with &#039;==Definition== The &#039;&#039;&#039;short run&#039;&#039;&#039; refers to a short timeframe during which firms cannot significantly reorganized their production and alter their <a href="/wiki/Fixed_cost" title="Fixed cost">fixed costs</a>. Thus, one or...&#039;</p> <p><b>New page</b></p><div>==Definition==<br /> <br /> The &#039;&#039;&#039;short run&#039;&#039;&#039; refers to a short timeframe during which firms cannot significantly reorganized their production and alter their [[fixed cost]]s. Thus, one or more of the inputs to production remain unchanged, making them less capable of optimizing the use of factors of production. This is in contrast with the [[long run]].<br /> <br /> Unanticipated shifts in the economy, in the short run, lead to a deviation from [[full employment]]. In the [[long run]], there is a tendency to revert towards full employment.</div>

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