![22.2 Aggregate Demand and Aggregate Supply: The Long Run and the Short Run – Principles of Economics 22.2 Aggregate Demand and Aggregate Supply: The Long Run and the Short Run – Principles of Economics](https://open.lib.umn.edu/app/uploads/sites/180/2016/05/63d5ca2656edb1c374ea9ef9d03b6d17.jpg)
22.2 Aggregate Demand and Aggregate Supply: The Long Run and the Short Run – Principles of Economics
![The following graph shows a decrease in aggregate supply (AS) in a hypothetical economy where the currency is the dollar. Specifically, aggregate supply shifts to the left from AS1 to AS2, causing The following graph shows a decrease in aggregate supply (AS) in a hypothetical economy where the currency is the dollar. Specifically, aggregate supply shifts to the left from AS1 to AS2, causing](https://homework.study.com/cimages/multimages/16/pricelevel6591849963041905547.png)
The following graph shows a decrease in aggregate supply (AS) in a hypothetical economy where the currency is the dollar. Specifically, aggregate supply shifts to the left from AS1 to AS2, causing
![WHY THE AGGREGATE-SUPPLY CURVE SLOPES UPWARD IN THE SHORT RUN Economics Assignment Help, Economics Homework & Economics Project Help WHY THE AGGREGATE-SUPPLY CURVE SLOPES UPWARD IN THE SHORT RUN Economics Assignment Help, Economics Homework & Economics Project Help](https://economicskey.com/wp-content/uploads/2014/08/196.jpg)
WHY THE AGGREGATE-SUPPLY CURVE SLOPES UPWARD IN THE SHORT RUN Economics Assignment Help, Economics Homework & Economics Project Help
![The competitive firm's short-run supply curve, a. starts at A and goes along the MC curve as quantity increases. b. starts at A and goes along the AVC curve as quantity increases. The competitive firm's short-run supply curve, a. starts at A and goes along the MC curve as quantity increases. b. starts at A and goes along the AVC curve as quantity increases.](https://homework.study.com/cimages/multimages/16/capture2418975798580903951.jpg)