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Short-term equilibrium refers to a temporary state in which supply and demand in a market are balanced, but may not reflect the full potential of the market due to various constraints, such as fixed resources or prices. In contrast, long-term equilibrium occurs when all factors of production can be adjusted, allowing the market to reach a stable state where supply equals demand at a level that reflects the true costs and benefits of production, including adjustments in prices and resource allocation. Over time, long-term equilibrium is more sustainable, as it incorporates changes in technology, consumer preferences, and resource availability.
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Is mumps long term or short term?
long term mostly but in some short term
The memory on the motherboard is short term?
it can be long term....it can be short term depends if it is RAM is short term..while ROM is long term....
Is toxoplasmosis short term long term?
short term
Is unemployment long-term or short-term?
Short-Term
What is the difference between a short- and long-term goal?
the long term is different between a short term because the short
A perfect competitor can reap an economic profit in the short term in the long term never in both the short and long term?
Short term
What term effect does an earthquakes long term or short term?
Answer: Short Term
What is the difference between a short- and long- term goal?
A long-term goal is reached further in the future.
Is smallpox long term or short term?
long term
What are long term and short term causes?
Short term causes are what happened on the day long term is what happened in advance
What are your long and short terms?
short terms :-Short term is min 1year's year loans to this caaled the short terms long term's :- long term greater than 1 year's caaled to the long term's long term's aggainst mordgage any paper & artical's in security purpose
What is your long and short term goal?
long term goal finish school, short term find a job
