Refer to the figure below.________ inflation will eventually move the economy pictured in the diagram from short-run equilibrium at point ________ to long-run equilibrium at point ________. 

A. Rising; A
B. Falling; A; C
C. Falling; B: C
D. Rising; A; C


Answer: B

Economics

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A single-price monopoly will set its price according to which of the following rules?

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A monopolist will choose to increase output when

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Economics