The Aggregate Supply Curve Slopes

question 135

Multiple Choice

The aggregate supply curve slopes

• A)downward because firms can sell more at lower prices.
• B)downward because firms can hire more workers at lower prices.
• C)upward because firms want to hire more workers at higher wage levels.
• D)upward because firms can hire labor at fixed wages for short-run periods.

---

Definitions:

Entrepreneurial Attribute

Qualities or characteristics that are commonly found in successful entrepreneurs, such as creativity, resilience, and risk-taking.

Calculated Risk Taker

An individual or entity that makes decisions based on a careful assessment of risks and rewards.

Monetary Reward

Financial compensation given to individuals as recognition for their work or achievements.

Seek Power

The aspiration or drive to gain authority or control over individuals, resources, or situations.