Multiple Choice
The short-run aggregate supply curve is upward sloping because in the short run,costs of many factors that go into producing goods and services are ________,meaning that the price for a unit of output will ________ relative to input prices and the profit per unit will rise.
A) fixed; rise
B) fixed; fall
C) flexible; rise
D) flexible; fall
Correct Answer:
Verified
Correct Answer:
Verified
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