Multiple Choice
Suppose there is a drop in the price of an important factor input.What will be the effect on the aggregate supply curve?
A) There will be movement to the left,along the AS curve.
B) The AS curve will shift to the left.
C) There will be movement to the right,along the AS curve.
D) The AS curve will shift to the right.
E) There will be no change in the AS curve.
Correct Answer:
Verified
Correct Answer:
Verified
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