Geitaalenazharittl Geitaalenazharittl

31-05-2017
Business

contestada

According to the aggregate supply curve what happens as the price level increases

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mona1996 mona1996

01-06-2017

firms have more of an incentive to increase output
hope this helps :)

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reurisoneco reurisoneco

27-11-2019

Explanation:

The aggregate supply curve shows the positive relationship between prices and quantity supplied. Thus, rising prices will encourage producers to offer more goods, as rising prices will increase their profits. Therefore, rising price levels encourage producers to offer more products.

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