Ask Question
BusinessBusiness
26 February, 14:51

Explain why the as curve has the slope you calculated as a result of the "sticky price theory".

+3
Answers (1)
  1. 26 February, 18:25
    0
    The sticky output theory states that in the short-run as the prices are increasing, the aggregate quantity will be upward slopping. In this case, it is happening in the same way. As the price increased from $150 to $160, the mixed supply is increased from $16,100 to $16,200.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Explain why the as curve has the slope you calculated as a result of the "sticky price theory". ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
A firm produces 50 units of output at with an average total cost of three dollars. if the market price is five dollars, what is the firm's total revenue?
Answers (1)
Which statement is FALSE? A. Some companies develop mission statements simply because owners or top management believe it is fashionable to do so rather than out of any real commitment. B. Vision statements are more important than mission statements.
Answers (1)
If A, B, and C are three activities connected with SS and FF (combination) relationships with no lags, their durations are 5, 10, and 3; respectively. What is the duration of the project?
Answers (1)
How will you make your decision about whether to open the new exhibit?
Answers (1)
the interest rate falls causing aggregate demand to shift. the interest rate rises causing aggregate demand to shift. the interest rate rises causing a movement along a given aggregate-demand curve.
Answers (1)
New Questions in Business
Many people have argued that an income tax should be "marriage neutral," that is, two people should pay the same total tax whether they are married or they are single.
Answers (1)
Which company developed the first commercially successful computer? a. ibm b. apple c. amazon d. microsoft
Answers (1)
One of the best networking traits you can develop is
Answers (1)
The Bacon Company acquired new machinery with a price of $15,200 by trading in similar old machinery and paying $12,700. The old machinery originally cost $9,000 and had accumulated depreciation of $5,000.
Answers (1)
Which of these is an example of a tax on consumption?
Answers (1)
Home » Business » Explain why the as curve has the slope you calculated as a result of the "sticky price theory".
Sign Up Forgot Password?