3 years ago

The short-run aggregate supply curve is positively sloped because:

Business

1 answer:

Varvara68 [4.7K]3 years ago

4 0

Answer:

(D) higher prices lead to higher profit and higher output.

Explanation:

When the price increase, the profitability of the firm increase, therefore firm produces more at high price. Hence at high price output increase. This is the reason why SRAS curve is positively sloped.

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Answer:

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Regling Company Journal entries

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