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Refer to the Figure Below

Question 24

Multiple Choice

Refer to the figure below.Long-run equilibrium in this economy: Refer to the figure below.Long-run equilibrium in this economy: A) will be impossible to achieve. B) could occur if AD shifts upward to the right. C) could occur if AS shifts upward and to the left. D) will occur only if AD shifts downward to the left.


A) will be impossible to achieve.
B) could occur if AD shifts upward to the right.
C) could occur if AS shifts upward and to the left.
D) will occur only if AD shifts downward to the left.

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