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Blizzard [7]
3 years ago
12

Which of the following is true about the short-run aggregate supply curve.

Business
1 answer:
horrorfan [7]3 years ago
5 0

Answer:

The correct answer is letter "D": It is upward sloping.

Explanation:

The short-run Aggregate Supply Curve is upward sloping because it establishes a directly proportional relationship between quantity supplied and prices. It means, as soon as the quantity supplied increases so will the price. Besides, it considers production has a fixed factor which in most cases is capital.

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