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QuizMultiple Choice

Introduction to Macroeconomics

Question 1 • (Galli)WCA 2221 Civics/Economics 1st nine weeks 26-27

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?

Question illustration
Answer
A
Output remains constant.
B
Output increases.
C
Output cannot be predicted.
D
Output decreases.
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