Which of the Following Is True If Marginal Costs Increase

question 80

Multiple Choice

Which of the following is true if marginal costs increase at a slow rate as output increases?

• A)The short-run aggregate supply curve is relatively steep.
• B)The short-run aggregate supply curve becomes vertical.
• C)The short-run aggregate supply curve is relatively flat.
• D)The long-run aggregate supply curve becomes horizontal.
• E)The long-run aggregate supply curve becomes downward sloping.

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