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wrote...
Posts: 9130
4 years ago
If the costs of production increase, there is
A) an increase in aggregate supply and the AS curve shifts rightward.
B) a decrease in aggregate supply and the AS curve shifts leftward.
C) an increase in the quantity of real GDP supplied and a movement up along the AS curve.
D) a decrease in the quantity of real GDP supplied and a movement down along the AS curve.
E) a decrease in aggregate supply and the AS curve shifts rightward.
Textbook 

Essential Foundations of Economics

Edition: 7th
Authors:
Read 169 times
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Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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wrote...
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Posts: 6060
4 years ago
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wrote...
3 years ago
Upwards Arrow This solved my problem, many thanks again.
Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
wrote...
3 years ago
Glad to see things worked out Wink Face Till next time...
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