Which of the Following Explains the Effect of Prices on Profits

question 115

Multiple Choice

Which of the following explains the effect of prices on profits in the short-run?

• A)The direct relationship between aggregate quantity demanded and national output.
• B)The direct relationship between aggregate quantity supplied and the price level.
• C)The inverse relationship between aggregate quantity demanded and national output.
• D)The inverse relationship between aggregate quantity supplied and profits.
• E)The inverse relationship between aggregate quantity supplied and national output.

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