Question

Can you please explain this answer. And are my labels right? The MSC and MPC?

Suppose the diagram shows the supply cunves tor a product in the short run ound in the long run. Which supply curve represents supply in the short run and which corve represents supply in the long run? A.SA represents supply inthe short run and Sp xepresents supply in the long run. B. S presents supply in-the short run and SA represerts in the long rn C. Either SA or Sp could represent supplyithe short runiin the ong run, the supply crve must be a vertical line D. Either SA or Sa coulol represent supply in the long runi inthe supply in Short von the spply curve must be a ho 2prtal line Pice (o Po Otvan tty

Answer 1

2015 5