The short run aggregate supply curve is explained in this short revision video. #aqaeconomics #ibeconomics #edexceleconomics
Пікірлер: 7
@valzie95583 жыл бұрын
Mate I just want to say thank you, these videos help me so much when I feel like I haven't picked up anything in my online classes. Keep up the great job.
@tutor2u-official3 жыл бұрын
Great to hear! Every best wish with your studies - please spread the word about our channel! Loads more videos to come!
@sadia1963 жыл бұрын
Thanks a ton!
@tutor2u-official2 жыл бұрын
You are so kind
@hs_hs56323 жыл бұрын
How does an increase in Price Level stimulate extension in supply due to profit motive: if Price Level rises, then firms' costs rise as well, so they won't make any more profit?
@kmg55 Жыл бұрын
Did u find an answer for this
@7Starz77 Жыл бұрын
In order to make profit, firms will supply more in the short run but in the long run it will cause a shift to the left of the AS curve due to an increase in cost of production in the long run