With respect to slope,the short-run aggregate supply function is normally
A)vertical.
B)positively sloped.
C)negatively sloped.
D)horizontal.

Question

Quizplus · Accepted Answer

The short-run aggregate supply (SRAS) curve is typically positively sloped, indicating that as the price level increases, the quantity of goods and services supplied increases. This is because in the short run, some input prices (like wages) are sticky or slow to adjust, allowing firms to increase production and profits as prices rise.

With Respect to Slope,the Short-Run Aggregate Supply Function Is Normally