The diagram illustrates a consumer’s short-run and long-run demand curves for coconuts. At first, the consumer buys quantity Q at price P. When the price of coconuts rises from P, the consumer’s short-run reaction is larger than the long-run reaction. When the price falls from P, his short-run reaction is smaller than his long-run reaction. What is the consumer’s short-run demand curve?
- AVYW
- BVYZ
- CXYW
- DXYZ