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Loraine Loraine
wrote...
Posts: 4563
8 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

Essential Foundations of Economics


Edition: 7th
Authors:
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1 Reply
Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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SydnieSydnie
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Posts: 3807
8 years ago
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Loraine Author
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8 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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Yesterday
Thanks
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2 hours ago
Thanks
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