What is an explanation of “short run equilibrium price and output determination under perfect competition”? - Quora
![a. a short-run equilibrium but not a long-run equilibrium. b. a short-run equilibrium and long-run equilibrium. c. a long-run equilibrium but not a short-run equilibrium. d. neither a short-run equilibrium nor a a. a short-run equilibrium but not a long-run equilibrium. b. a short-run equilibrium and long-run equilibrium. c. a long-run equilibrium but not a short-run equilibrium. d. neither a short-run equilibrium nor a](https://homework.study.com/cimages/multimages/16/capture2338726977227524969.jpg)
a. a short-run equilibrium but not a long-run equilibrium. b. a short-run equilibrium and long-run equilibrium. c. a long-run equilibrium but not a short-run equilibrium. d. neither a short-run equilibrium nor a
![1. (a) Short-run and (b) long-run equilibrium in monopolistic competition | Download Scientific Diagram 1. (a) Short-run and (b) long-run equilibrium in monopolistic competition | Download Scientific Diagram](https://www.researchgate.net/publication/234032493/figure/fig1/AS:669568947216400@1536649085428/a-Short-run-and-b-long-run-equilibrium-in-monopolistic-competition.png)
1. (a) Short-run and (b) long-run equilibrium in monopolistic competition | Download Scientific Diagram
![Imaduddin Educare | short run equilibrium of the firm under perfect competition: Business Economics 2021 Imaduddin Educare | short run equilibrium of the firm under perfect competition: Business Economics 2021](https://imaduddineducare.com/wp-content/uploads/2021/06/short-run.png)
Imaduddin Educare | short run equilibrium of the firm under perfect competition: Business Economics 2021
![Short Term and Long Term effects of demand and supply on the equilibrium point | Executive Management Short Term and Long Term effects of demand and supply on the equilibrium point | Executive Management](https://gmiteniimb.files.wordpress.com/2013/02/ad-as1.png)