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Mandolina Mandolina
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6 years ago
The short-run aggregate supply curve will be upward sloping if
A) wages and input prices are highly flexible in the short run.
B) producers cannot expand or contract output in the short run.
C) some input prices tend to be fixed in the short run.
D) product prices are unable to change in the short run.
E) output never deviates from potential GDP.
Textbook 
Introduction to Economic Reasoning

Introduction to Economic Reasoning


Edition: 8th
Author:
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hecosmetichecosmetic
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6 years ago
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Mandolina Author
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6 years ago
Makes a ton of sense now Smiling Face with Open Mouth
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