Which of the Following Statements Best Describes Price Flexibility in the Economy

Multiple Choice

Which of the following statements best describes price flexibility in the economy?

A) Prices tend to be sticky in the short run and stuck in the long run.
B) Prices tend to be just as sticky in the short run as in the long run.
C) Prices tend to be sticky in the short run but become more flexible over time.
D) Prices tend to be flexible in the short run but become more sticky over time.