« previous next »

Author Question: The main reason why the short-run aggregate supply curve slopes upward is that as the average price ... (Read 70 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?

Lower drug doses for elderly patients should be used first, with titrations of the dose as tolerated to prevent unwanted drug-related pharmacodynamic effects.

Did you know?

Approximately 70% of expectant mothers report experiencing some symptoms of morning sickness during the first trimester of pregnancy.

Did you know?

Nitroglycerin is used to alleviate various heart-related conditions, and it is also the chief component of dynamite (but mixed in a solid clay base to stabilize it).

Did you know?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

Did you know?

The longest a person has survived after a heart transplant is 24 years.

Internal structures of main sequence stars, convection zones with arrowed cycles and radiative zones Internal structures of main sequence stars, convection zones with arrowed cycles and radiative zones
Post–Main-Sequence Evolution of Low-Mass Stars Post–Main-Sequence Evolution of Low-Mass Stars
The Hepatic Portal Blood Supply The liver receives water, minerals, and nutrients from the digestive The Hepatic Portal Blood Supply The liver receives water, minerals, and nutrients from the digestive
The two main types of nerve cells. The two main types of nerve cells.
A random sample of 87 airline pilots recruited by an airline service had an average yearly ... A random sample of 87 airline pilots recruited by an airline service had an average yearly ...
A Short List of Human X-Linked Recessive and X-Linked Dominant Traitsa A Short List of Human X-Linked Recessive and X-Linked Dominant Traitsa
Video: Protein catabolism - deamination

For a complete list of videos, visit our video library