« previous next »

Author Question: The main reason why the short-run aggregate supply curve slopes upward is that as the average price ... (Read 80 times)

MirandaLo

  • Hero Member
  • *****
  • Posts: 538
on: Jun 30, 2018
The main reason why the short-run aggregate supply curve slopes upward is that as the average price level increases, larger scales of production become more profitable.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Employment fell last month to its lowest level in the last six years is an example of:
 a. the fallacy of composition.
  b. positive economics.
 c. normative economics.
 d. none of the above


miss.ashley

  • Sr. Member
  • ****
  • Posts: 371
Reply #1 on: Jun 30, 2018
Answer to Question 1

False

Answer to Question 2

b


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The ratio of hydrogen atoms to oxygen in water (H2O) is 2:1.

Did you know?

Blood in the urine can be a sign of a kidney stone, glomerulonephritis, or other kidney problems.

Did you know?

Every 10 seconds, a person in the United States goes to the emergency room complaining of head pain. About 1.2 million visits are for acute migraine attacks.

Did you know?

This year, an estimated 1.4 million Americans will have a new or recurrent heart attack.

Did you know?

The most common childhood diseases include croup, chickenpox, ear infections, flu, pneumonia, ringworm, respiratory syncytial virus, scabies, head lice, and asthma.

Average winter rainfall and variation in rainfall among sites inhabited by Suromalus ater Average winter rainfall and variation in rainfall among sites inhabited by Suromalus ater
A theoretical photosynthetic response curve. A theoretical photosynthetic response curve.
False-color imagery of the Sun, a G-type main-sequence star, the closest to Earth. False-color imagery of the Sun, a G-type main-sequence star, the closest to Earth.
The main veins of the leg. A. Anterior view. B. Posterior view The main veins of the leg. A. Anterior view. B. Posterior view
Managing Supply Chain and Operations: An Integrative Approach, 2nd Edition Managing Supply Chain and Operations: An Integrative Approach, 2nd Edition
Suppose a country imports televisions. The country's supply and demand curves are shown in ... Suppose a country imports televisions. The country's supply and demand curves are shown in ...
Video: Functional zones in a mitochondrion

For a complete list of videos, visit our video library