In the aggregate supply curve is horizontal it means that

A) Firms cannot increase output

B) Firm are unwilling to increase output

C) Firms will increase output only if prices rise

D) Firms will increase output at the current price

Related MCQs:
  1. In a depression economy along a horizontal aggregate supply curve
  2. When aggregate supply exceeds aggregate demand?
  3. The simple Keynesian aggregate supply curve Is:
  4. A vertical supply curve parallel to the price axis Implies that the elasticity of supply is