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Edexcel Economics (A) A-level Theme 2: The UK Economy - Performance and Policies > 2.3.1 The characteristics of Aggregate Supply > Flashcards

2.3.1 The characteristics of Aggregate Supply Flashcards

1
Q

Why is the AS curve upward sloping?

A
  • firms are willing to supply more but only at a higher price
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Edexcel Economics (A) A-level Theme 2: The UK Economy - Performance and Policies (17 decks)

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