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

Question

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

Quizplus · Accepted Answer

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

Refer to the Figure Below