Top Posters
Since Sunday
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
Loraine Loraine
wrote...
Go to Answer
Posts: 4563
Rep: 33 0
9 years ago
Which of the following best describes the effect on the aggregate supply curve if political negotiations result in a substantial decrease in the price of oil?
A) The AS curve shifts rightward.
B) There is no change to the AS curve.
C) The AS curve does not shift but there is an upward movement along it.
D) The AS curve does not shift but there is a downward movement along it.
E) The AS curve shifts leftward.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
Read 595 times
1 Reply
Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
Replies
Answer verified by a subject expert
SydnieSydnie
wrote...
#1
Top Poster
Posts: 3807
Rep: 458 1
9 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

Loraine Author
wrote...

9 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
byehoe
wrote...

Yesterday
this is exactly what I needed
AlahuKakpar
wrote...

2 hours ago
You make an excellent tutor!
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1004 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 259
  
 4666
  
 2019
Your Opinion
Previous poll results: What's your favorite math subject?