Immediate short run A vertical line. unanswered The price level is fixed. unanswered Output prices are flexible, but input prices are fixed. unanswered A horizontal line. unanswered An upsloping curve. unanswered Output is fixed.

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Answer:

Immediate short run

  • An upsloping curve.

Explanation:

The short run aggregate supply (SRAS) curve is unsloping because wages are more sticky than prices, in other words, wages are adjusted more slowly than the prices of goods. This will result in a short term increase of profits and total output.

The portion of the SRAS curve left of the full employment level is relatively flat because there are large amounts of unused labor resources and production capacity.

Answer:

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Explanation: