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If a company's output prices increased by 10% and the wages they paid only increased by 3%, which statement is most accurate? a. This is

If a company's output prices increased by 10% and the wages they paid only increased by 3%, which statement is most accurate? a. This is a misconception effect and aggregate supply will be downward sloping. b. This is a profit effect and aggregate supply will be upward sloping. c. This is a misconception effect and aggregate supply will be upward sloping. d. This is a profit effect and aggregate supply will be downward sloping

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