Figure 20-2. -Refer to Figure 20-2. Point B Represents

question 467

Multiple Choice

Figure 20-2.
-Refer to Figure 20-2. Point B represents

• A)a short-run equilibrium and a long-run equilibrium.
• B)a short-run equilibrium but not a long-run equilibrium.
• C)a long-run equilibrium but not a short-run equilibrium.
• D)neither a short-run equilibrium nor a long-run equilibrium.

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