📈The short-run aggregate supply curve slopes upward due to sticky wages and prices.
⏳In the long run, changes in input prices and technology can shift the aggregate supply curve.
💵Sticky wages and prices intensify the pressure on production caused by price fluctuations.
📊The short-run aggregate supply curve determines short-run economic behavior.
💡Misconceptions about relative prices can attribute to the upward slope of the aggregate supply curve.