Which of the Following Explains Why the Aggregate Supply Curve

question 57

Multiple Choice

Which of the following explains why the aggregate supply curve is generally upward sloping?

• A) When real output decreases, per-unit production costs tend to increase.
• B) When aggregate demand shifts rightward, aggregate supply also always shifts rightward as well.
• C) When real output increases, per-unit production costs decrease.
• D) When real output increases, per-unit production costs increase as well.

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Definitions:

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Start-Up Process Model

A framework outlining the steps and stages involved in launching and establishing a new business or enterprise.

Implementation

The act of executing or applying a plan, policy, or procedure to achieve desired goals or outcomes.

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