If the cost of doing business for producers increases, which of the following occurs? a. The short-run
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If the cost of doing business for producers increases, which of the following occurs?
a. The short-run aggregate supply curve becomes flat.
b. The short-run aggregate supply curve shifts outward.
c. The short-run aggregate supply curve becomes steep.
d. The short-run aggregate supply curve shifts inward.
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Related Book For
Money, Banking, Financial Markets and Institutions
ISBN: 978-0538748575
1st edition
Authors: Michael Brandl
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