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6. The AS curve is based on what assumption? A) That firms cannot increase production. B) That firms will produce more if prices rise despite
6. The AS curve is based on what assumption? A) That firms cannot increase production. B) That firms will produce more if prices rise despite no increase in profits. C) That firms will experience increased profits if prices rise and will, therefore, produce more. D) That firms will produce more if prices rise but will produce the same amount if prices fall. E) That firms will try to produce more if prices rise but are constrained by the fact that they cannot hire more factors
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