This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The aggregate supply curve cannot be the sum of the supply curves of all the individual firms in the ... (Read 32 times)

cherise1989

  • Hero Member
  • *****
  • Posts: 555
on: May 25, 2020
The aggregate supply curve cannot be the sum of the supply curves of all the individual firms in the economy because
◦ the outputs of some firms are the inputs of other firms.
◦ some firms actually set prices instead of just responding to processes determined in the market.
◦ it is unrealistic to believe that costs are constant for individual firms if the overall price level is increasing.
◦ all of the above.
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by cherise1989 on May 25, 2020

tuwy

  • Sr. Member
  • ****
  • Posts: 336
Reply #1 on: May 25, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 29% of students answer this correctly


cherise1989

  • Member
  • Posts: 555
Reply 2 on: May 25, 2020
Gracias!

jackie

  • Member
  • Posts: 324
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

In 1864, the first barbiturate (barbituric acid) was synthesized.

Did you know?

A cataract is a clouding of the eyes' natural lens. As we age, some clouding of the lens may occur. The first sign of a cataract is usually blurry vision. Although glasses and other visual aids may at first help a person with cataracts, surgery may become inevitable. Cataract surgery is very successful in restoring vision, and it is the most frequently performed surgery in the United States.

Did you know?

According to research, pregnant women tend to eat more if carrying a baby boy. Male fetuses may secrete a chemical that stimulates their mothers to step up her energy intake.

Did you know?

Individuals are never “cured” of addictions. Instead, they learn how to manage their disease to lead healthy, balanced lives.

Did you know?

About 3.2 billion people, nearly half the world population, are at risk for malaria. In 2015, there are about 214 million malaria cases and an estimated 438,000 malaria deaths.

The role of the liver in fuel supply to the blood. The role of the liver in fuel supply to the blood.
A sigmoid (cooperative) binding curve A sigmoid (cooperative) binding curve
A typical distillation curve. Heavier molecules evaporate at higher temperatures and contain more ... A typical distillation curve. Heavier molecules evaporate at higher temperatures and contain more ...
Dose-response curve with threshold Dose-response curve with threshold
Hockey stick” curve Hockey stick” curve
Testing the arterial supply to the lower extremities Testing the arterial supply to the lower extremities
Video: A timeline of the teeth (Explained - No Audio)

For a complete list of videos, visit our video library