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The aggregate supply curve is derived by using two, and sometimes three stages. These stages are defined as short, medium and long run aggregate supply. The aggregate supply curve is a term used ...
Robert Kelly is managing director of XTS Energy LLC, and has more than three decades ... a specified time. Aggregate supply is represented by the aggregate supply curve. There is typically a ...
Investopedia contributors come from a range of backgrounds ... profits and margins by producing and selling more. The aggregate supply curve slopes upward, indicating that as the price per ...