The sticky-price theory of the short-run aggregate supply curve says that when the price level is higher than expected, some firms will have a- lower than desired prices, which leads to an increase in...

The sticky-price theory of the short-run aggregate supply curve says that when the price level is higher than expected, some firms will have

a- lower than desired prices, which leads to an increase in the aggregate quantity of goods and services supplied.

b- higher than desired prices, which leads to a decrease in the aggregate quantity of goods and service supplied.

c- higher than desired prices, which leads to an increase in the aggregate quantity of goods and services supplied.

d- lower than desired prices, which leads to a decrease in the aggregate quantity of goods and services supplied