minute details Flashcards
1
Q
What causes a shift in SRAS
A
Change in cost of production
2
Q
What does classical AD/AS graph look like
A
Has SRAS
Inelastic perfectly LRAS
economics paper 2 > minute details > Flashcards
What causes a shift in SRAS
Change in cost of production
What does classical AD/AS graph look like
Has SRAS
Inelastic perfectly LRAS