Ask Question
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