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Figure 34-3 Refer to Figure 34-3. In Figure 33-3 , point B represents a a. short-run equilibrium and a long-run equilibrium. b. long-run equilibrium, and

Figure 34-3\ Refer to Figure 34-3. In Figure

33-3

, point B represents a\ a. short-run equilibrium and a long-run equilibrium.\ b. long-run equilibrium, and Point A represents a short-run equilibrium.\ c. short-run equilibrium, and Point A represents a long-run equilibrium.\ d. long-run equilibrium, and Point

C

represents a short-run equilibrium.

image text in transcribed
Figure 34-3 Refer to Figure 34-3. In Figure 333, point B represents a a. short-run equilibrium and a long-run equilibrium. b. long-run equilibrium, and Point A represents a short-run equilibrium. c. short-run equilibrium, and Point A represents a long-run equilibrium. d. long-run equilibrium, and Point C represents a short-run equilibrium

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