Short- run equilibrium occurs at the intersection of
A) the SAS and LAS curves.
B) the LAS and AD curves.
C) the SAS and AD curves.
D) the SAS, LAS, and AD curves.

Name: Short- run equilibrium occurs at the intersection of A) the SAS and LAS curves. B) the LAS and AD curves. C) the SAS and AD curves. D) the SAS, LAS, and AD curves.
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Question

Quizplus · Accepted Answer

Short-run equilibrium occurs where the Short-run Aggregate Supply (SAS) curve intersects with the Aggregate Demand (AD) curve.

Short- Run Equilibrium Occurs at the Intersection of