Multiple Choice
The short-run aggregate supply curve illustrates the idea that if the price level falls, firms will experience
A) falling input costs, so they will increase their output level.
B) no change in input costs, so they will not change their output level.
C) falling inputs costs, so they will reduce their output level.
D) no change in input costs, so they will reduce their output level.
Correct Answer:

Verified
Correct Answer:
Verified
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