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There are two important things to note about sras. Short run aggregate supply sras during the short run firms possess one fixed factor of production usually capital and some factor input prices are sticky. Lesson Summary Short Run Aggregate Supply Article Khan Academy There are generally three …

Unlike the short run market supply curve the long run industry supply curve does not hold factor costs and the number of firms unchanged. The amount that is produced by each individual firm is subject to its optimal level of production. Supply Curve Of A Firm And Industry With Diagram If the pr…