Short-run equilibrium occurs at the intersection of
A. the SAS and AD curves.
B. the SAS, LAS, and AD curves.
C. the SAS and LAS curves.
D. the LAS and AD curves.
Answer:A
Short-run equilibrium occurs at the intersection of
A. the SAS and AD curves. B. the SAS, LAS, and AD curves. C. the SAS and LAS curves. D. the LAS and AD curves.