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shape of aggregate supply curve in price

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shape of aggregate supply curve in price

Long‐run aggregate supply curve The long‐run aggregate supply LAS curve describes the economys supply schedule in the long‐run The long‐run is defined as the period when input prices have completely adjusted to changes in the price level of final goods In the long‐run the increase in prices that sellers receive for their final goods is completely offset by the proportional ...As a leading global manufacturer of crushing equipment, milling equipment,dressing equipment,drying equipment and briquette equipment etc. we offer advanced, rational solutions for any size-reduction requirements, including quarry, aggregate, grinding production and complete plant plan.