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Starting at equilibrium point d, if the cost of inputs rises, the short-run equilibrium will move to point _____, and thus real output will _____ and the price level will _____.

User Babao
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1 Answer

10 votes

Answer:

Starting at equilibrium point D, if the cost of inputs rises, the short-run equilibrium will move to the point B, and thus real output will Decrease and the price level will Increase.

Step-by-step explanation:

This means it will go down but the price is gunna increase.

-Hope This Helps!

-Justin:)

User Runita
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