The upward-sloping segment of the aggregate supply curve can be explained by

Select one:
a. the full employment of resources
b. A and D
c. increases in the price level that raise profits, inducing firms to produce more
d. all of the options

= increases in the price level that raise profits, inducing firms to produce more

You are offered a free ticket to see the chicago cubs play the chicago white sox at wrigley field. assume the ticket has no resale value. willie nelson is performing on the same night, and his concert is your next-best alternative activity. tickets to see willie nelson cost $40. on any given day, you would be willing to pay up to $50 to see and hear willie nelson perform. assume there are no other costs of seeing either event. based on this information, at a minimum, how much would you have to value seeing the cubs play the white sox to accept the ticket and go to the game? a. $0b. $40c. $10d. $50