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  3. Study Set
    Economics Principles and Policy Study Set 1
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    Exam 27: Bringing in the Supply Side: Unemployment and Inflation
  5. Question
    If Profit Per Unit Equals (Price - Cost Per Unit)
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If Profit Per Unit Equals (Price - Cost Per Unit)

Question 5

Question 5

Multiple Choice

If profit per unit equals (price - cost per unit) and costs are temporarily fixed, then the aggregate supply curve will have


A) a basic "U" shape.
B) a negative slope.
C) a positive slope.
D) All of the above could be correct.

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