What is the slope of the long-run aggregate supply curve?
A) Negative slope
B) Steep but positive slope
C) Vertical slope
D) Flat slope

Question

Quizplus · Accepted Answer

The long-run aggregate supply curve is represented as a vertical line because in the long run, the economy reaches its full potential output and there are no longer any factors that can affect production. Therefore, the slope is zero or vertical.

What Is the Slope of the Long-Run Aggregate Supply Curve