Solved

Figure 33-2. -Refer to Figure 33-2.Point B Represents

Question 366

Multiple Choice

Figure 33-2. Figure 33-2.   -Refer to Figure 33-2.Point B represents A)  a short-run equilibrium and a long-run equilibrium. B)  a short-run equilibrium but not a long-run equilibrium. C)  a long-run equilibrium but not a short-run equilibrium. D)  neither a short-run equilibrium nor a long-run equilibrium.
-Refer to Figure 33-2.Point B represents


A) a short-run equilibrium and a long-run equilibrium.
B) a short-run equilibrium but not a long-run equilibrium.
C) a long-run equilibrium but not a short-run equilibrium.
D) neither a short-run equilibrium nor a long-run equilibrium.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions