Ask Question
BusinessBusiness
31 October, 21:51

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

+3
Answers (1)
  1. 31 October, 22:09
    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 the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Inkal Co. was formed on January 1, 2017 as a wholly owned subsidiary of a US corporation. Sinkal's functional currency was the stickle (§).
Answers (1)
Why is it important to participate in a global economy? Write a paragraph of two to three sentences that explains your answer.
Answers (2)
An investment will pay $150 at the end of each of the next 3 years, $100 at the end of Year 4, $400 at the end of Year 5, and $450 at the end of Year 6. If other investments of equal risk earn 9 percent annually, What is its present value?
Answers (1)
Sometimes, public goods whose benefits are less than their costs still get produced because: A. the marginal benefit is still larger than the marginal cost B. of externalities in production C.
Answers (1)
It is generally safe to provide your Social Security Number to: a-Anyone who asks you for it. b-Verified trusted sources that need it. c-School personnel who want to have it on record. d-lose friends and relatives who do not know it.
Answers (2)
New Questions in Business
You go to your favorite coffee shop to buy a chai latte. The cashier takes you $20 and give you change. What role of money does this illustrate?: A) Acceptability B) Medium of Exchange C) Standard of Value D) Store of Value
Answers (1)
Why do ralph piggy and samneric lie about their part in simon death?
Answers (1)
One of the biggest financial benefits of starting early to save for your retirement fund is related to:
Answers (1)
Elizabeth is a full-time college sophomore and has a demanding part-time job. she leaves her saturdays free to run errands and "get things back in order," and to maintain balance. elizabeth's behavior illustrates:
Answers (1)
ABC Bank has made several big loans to a mining equipment manufacturer that sells its equipment to the copper mining industry in Chile. Political unrest in Chile is a source of what kind of risk for ABC Bank? a. Operational risk b. Country risk c.
No Answers
Home » Business » Explain why the as curve has the slope you calculated as a result of the "sticky price theory".
Sign Up Forgot Password?