Question
Which of the following best describes the short-run
Aggregate Supply (AS) curve in the presence of sticky wages?Solution
In the presence of sticky wages, the short-run Aggregate Supply (AS) curve is upward sloping because as prices increase, firms can hire more workers at the existing wage rate, leading to an increase in output. In the case where both wages and prices are sticky then AS is horizontal and when both are flexible AS is vertical.
Which vegetable is propagated through cuttings?
Which compound is responsible for imparting the red color to tomatoes and is also a powerful antioxidant beneficial to human health?
Where is the Central Tuber Crops Research Institute located?
What is the function of the pigment betalain found in beetroot, and how does it differ from anthocyanins?
Parasitic weed in sorghum crop is
Which vegetable crop has a tuberous hypocotyl and root portion forming the edible part, and is classified under family Brassicaceae?
Curd is the economical part of which of the following vegetable?
The highly pungent aroma in garlic is due to the presence of which sulfur-containing volatile compound?
For one hectare of garlic cultivation, approximately how much planting material is required to ensure optimal bulb development and plant population?
Which vegetable crop has natural resistance to both drought and soil salinity, and is therefore suitable for marginal lands?
