The curve that shows quantities of total real output that will be offered for sale at various price levels is called the aggregate supply curve.
The aggregate supply curve is also termed ahe total real output. It refers to the overall output, in other words - GDP, the total production of goods and services in a country for a particular period.
This curve shows the total output of that companies will sell and produce at a certain price level (price level is the average price of goods in an economy).
The increase in input prices causes a decrease in the aggregate supply curve.
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