Figure 12.1

-Which of the graphs in Figure 12.1 is consistent with a short-run equilibrium model where prices are variable?
A) A
B) B
C) C
D) D
E) None of these

Question

Figure 12.1
 
-Which of the graphs in Figure 12.1 is consistent with a short-run equilibrium model where prices are variable?
A) A 
B) B 
C) C 
D) D 
E) None of these

Quizplus · Accepted Answer

The Answer of Figure 12.1
 
-Which of the graphs in Figure 12.1 is consistent with a short-run equilibrium model where prices are variable?
A) A 
B) B 
C) C 
D) D 
E) None of these

Figure 12.1 -Which of the Graphs in Figure 12.1 Is Consistent with 12.1