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)