Use the figure below to answer the following question(s). Figure 10-9
Currently, the economy depicted in Figure 10-9 is in
A) long-run equilibrium at point b.
B) short-run equilibrium at point c.
C) long-run equilibrium at point a.
D) short-run equilibrium at point a.

Question

Use the figure below to answer the following question(s). Figure 10-9
 Currently, the economy depicted in Figure 10-9 is in
A) long-run equilibrium at point b. 
B) short-run equilibrium at point c. 
C) long-run equilibrium at point a. 
D) short-run equilibrium at point a.

Quizplus · Accepted Answer

The Answer of Use the figure below to answer the following question(s). Figure 10-9
 Currently, the economy depicted in Figure 10-9 is in
A) long-run equilibrium at point b. 
B) short-run equilibrium at point c. 
C) long-run equilibrium at point a. 
D) short-run equilibrium at point a.

Use the Figure Below to Answer the Following Question(s)