The short-run aggregate supply curve is upward sloping for, Ask an Expert

Economics

The short-run aggregate supply curve is upward sloping for all of the following reasons except:

A) Some markets are posted-price markets.

B) Some firms adjust their production in response to an increase in demand.

C) Some firms adjust their mark up in response to an increase in demand.

D) All inputs are fully utilized in the short run.

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Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M91225101

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