ECONOMICS (CBSE/UGC NET)

ECONOMICS

AGGREGATE DEMAND

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The long-run aggregate supply analysis assumes that
A
input prices are fixed, while product prices are variable.
B
input prices are variable, while product prices are fixed.
C
both input and product prices are variable.
D
both input and product prices are fixed
Explanation: 
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