Explain Why the Long-Run Aggregate Supply Curve Is Vertical

question 1

Essay

Explain why the long-run aggregate supply curve is vertical.

---

Definitions:

Event

An occurrence or happening, especially one of significance.

Positive Reinforcer

A stimulus that, when introduced following a behavior, increases the likelihood of that behavior occurring again in the future.

Mowing the Lawn

Mowing the lawn involves cutting the grass in a garden, yard, or park to a uniform length using a lawnmower.

Doing the Dishes

The task of cleaning cookware, dinnerware, and eating utensils after meals.