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AA - F26 Personal Finance and Economics
Introduction to Macroeconomics
Question 4
4
Quiz
Multiple Choice
Introduction to Macroeconomics
Question 4 • AA - F26 Personal Finance and Economics
This is a graph showing price and total output in the short and long run. According to this graph, how does supply behave in the long run?
Answer
A
Output remains constant.
B
Output increases.
C
Output cannot be predicted.
D
Output decreases.
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This is a graph showing price and total output…