Explain how to encourage people to spend more to increase

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Q. Suppose that Millie's is 1 out of 1,000 firms in the industry. Explain why the market short-run supply curve is given by the equation , where X is the total quantity of output supplied by the entire industry.

Q. Explain how to encourage people to spend more to increase aggregate demand and create employment possibilities.

 

Reference no: EM1352237

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