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.

Question

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.

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 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.

Refer to the Figure Below