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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Definitions:

Contraries

Statements, ideas, or actions that are opposed to each other; in logic, two propositions are contraries if they cannot both be true but can both be false.

Negated

Made ineffective or invalidated; in logic, a proposition that denies or contradicts another proposition.

Raining

The process of precipitation in the form of water droplets falling from clouds in the atmosphere to the ground.

Not Raining

The condition of the weather where no precipitation is occurring.