Multiple Choice
Consider the basic AD/AS model.If there is a decrease in the cost of non-labour inputs to production,the result will be to
A) shift the AD curve to the left.
B) shift the AD curve to the right.
C) shift the AS curve to the left.
D) shift the AS curve to the right.
E) cause a movement to the left along the AS curve.
Correct Answer:
Verified
Correct Answer:
Verified
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