Homework SourseThe shortrun aggregate supply curve is relatively flat to th
The short-run aggregate supply curve is relatively flat to the left of the full employment output because
| a. there are shortages of labor. | |
| b. | there are large amounts of unused capacity and idle human resources. |
| c. | resources are difficult to bring into production. |
| d. | there are shortages of capital. |
Solution
The short run supply curve is relatively flat to the left of the full employment output because there are large amount of unused capacity and and idle human resources. While, it is relatively steep on the right side of full employment output because here most of the resources are employed.
Answer- option B
