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Which of the Following Explains the Shape of the Short-Run

Question 23

Multiple Choice

Which of the following explains the shape of the short-run aggregate supply curve?


A) the inverse relationship between quantity supplied and cost per unit
B) the direct relationship between quantity supplied and cost per unit
C) the direct relationship between quantity supplied and price level
D) the inverse relationship between quantity supplied and GDP
E) the inverse relationship between quantity supplied and profit per unit

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