The short-run aggregate supply curve is upward sloping because the quantity supplied increases when the price rises. ... As a result, there is a positive correlation between the price level and output, which is shown on the short-run aggregate supply curve.
The short-run aggregate supply curve is upward-sloping because it takes some time for input prices and/or wages to adjust. ... When the aggregate demand curve shifts, there will be a short-run change in output, but no long-run shift in output. The price level will change in both the short run and the long run.
As the price level rises, supply increases as firms expand production to increase profits. And as price level falls, supply falls as firm reduce production. For this reason the short-run aggregate supply curve slopes upward.
I hope this helps!!
A C B D D are your answers i hope this helps a ton :)
To write an essay on "A dream comes true" analyze the source first, create a thesis statement and develop it.
<h3>What is an essay?</h3>
This is a type of text that aims at proving or developing a main idea or position of the author that is expressed in the thesis statement.
<h3>How to write an essay based on a source such as "A dream comes true"?</h3>
- Carefully read and analyze "A dream comes true".
- Write a thesis statement or your position/interpretation.
- Identify quotes, ideas, reasons, etc. to support your thesis statement.
- Organize the information and write the essay by including these sections:
- Introduction
- Body paragraphs
- Conclusion
Learn more about essays in: brainly.com/question/20441249
Flashback, to give the reader backround information
(Apex)
