Along-run equilibrium occurs when long-run aggregate supply and aggregate demand meet. what does having long-run equilibrium indicate about a society? the society’s supply and demand have stagnated. the society is using all of its resources efficiently. the society’s needs are being fully met. the society is not using all of its resources effectively.

B) The society is using all of its resources efficiently.

The society is using all of its resources efficiently.

Explanation:

When a long-run equilibrium occurs, this means that the long-run aggregate supply and the long-run aggregate demand meet. This is a very important characteristic of a society, as it indicates that this society is using all of its resources. The resources that the society can offer (supply) are all being demanded. Therefore, they are all being used efficiently.

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