The "First Asymmetry" in the Behaviour of Aggregate Supply Refers

question 71

Multiple Choice

The "first asymmetry" in the behaviour of aggregate supply refers to the

• A)increase in input prices as output is decreased.
• B)increasing slope of the AS curve as output rises.
• C)increase in input prices as output is increased.
• D)decreasing slope of the AS curve as output rises.
• E)decreasing unit costs of production as output is increased.

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Definitions:

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