
THERE ARE TWO TYPES OF CURVES
THAT DEFINES THE AGGREGATE SUPPLY SHORT-RUN AGGREGATE SUPPLY (SRAS) FOR ONE
ORGANIZATION TO INCREASE ITS PRODUCTIVITY WITHOUT HAVING TO DO IT ALL FROM THE
START, AND SECOND IS LONG-RUN AGGREGATE (LRAS) THAT IS USED FOR INVESTING IN
SOMETHING NEW AND SETTING UP THE STRUCTURE.
THE SRAS CURVE IS POSITIVELY SLOPED
AND DEFINES THE ONE-TO-ONE...