What Is the Shape of the AS in the Short

question 51

Multiple Choice

What is the shape of the AS in the short run and the long run?

• A)AS is relatively flat in both the short and long runs.
• B)AS is relatively flat in the short run but steeper in the long run.
• C)AS is relatively steep in both the short and long runs.
• D)AS is relatively steep in the short run but flatter in the long run.

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