Which of the Following Is True in the Short Run

question 142

Multiple Choice

Which of the following is true in the short run?

• A) The aggregate supply curve is horizontal.
• B) The aggregate supply curve is vertical.
• C) Per-unit costs do not increase as much as output prices when the price level rises.
• D) An increase in price per unit results in a decrease in profit per unit for firms.
• E) Firms' total costs of production decrease as output expands beyond the potential level.

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A reflection of an individual's overall subjective emotional evaluation of their own worth.

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