The aggregate supply curve (short run) becomes steeper as the economy moves rightward and
upward along it.

Name: The aggregate supply curve (short run) becomes steeper as the economy moves rightward and upward along it.
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Question

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As the economy moves rightward and upward along the short run aggregate supply curve, the availability of factors of production becomes scarcer and more difficult to increase in the short run. This leads to diminishing marginal returns, causing the curve to become steeper.

The Aggregate Supply Curve (Short Run) Becomes Steeper as the Economy