it will be parallel to horizantal axis
Increasing population creates increasing demand for goods
MC is the change in Tc divide by change in quantity. MC will always be negatively sloped and ATC has positively sloped.
The short run supply curve is positively sloped because it has positive outputs.The profits are high and maximised.Short run decision for a firm is the quickiest and the most risky way to maximise profits in the short period of time.In the short run decision profits are usually reached which means that the firm didn't loose so the curve must be positively sloped as the firm is not in minus. hope I helped.....
its something to do with a non satiation assumption. ie if all the bundles on the indifference curve are "goods" (actively wanted products) then the indifference curve slopes downward from L to R. if there is a "good" and a "bad" on the curve then it will be positively sloped. (upward from L to R)
Classical Aggregate Supply function is vertical whereas the Keynesian Aggregate Supply function is positively sloped.
Increasing population creates increasing demand for goods
sloped, tilted, inclined, pitched.....
MC is the change in Tc divide by change in quantity. MC will always be negatively sloped and ATC has positively sloped.
The short run supply curve is positively sloped because it has positive outputs.The profits are high and maximised.Short run decision for a firm is the quickiest and the most risky way to maximise profits in the short period of time.In the short run decision profits are usually reached which means that the firm didn't loose so the curve must be positively sloped as the firm is not in minus. hope I helped.....
a sloped straight line
If it is a horizontal straight line, it means the object is moving at constant velocity. If it is a sloped line, it means the object is accelerating.
They are sloped
its something to do with a non satiation assumption. ie if all the bundles on the indifference curve are "goods" (actively wanted products) then the indifference curve slopes downward from L to R. if there is a "good" and a "bad" on the curve then it will be positively sloped. (upward from L to R)
Classical Aggregate Supply function is vertical whereas the Keynesian Aggregate Supply function is positively sloped.
Not necessarily. A perpendicular to a sloped line will be sloped. It will be at right angles to the sloped line, though.
The aggregate supply curve is positively sloped because at a higher price level, producers are more willing to supply more real output.
money supply is constant . so the money holdings will be high and banks does not have enough money to give loans. so as a result they are forced to increase the rate.