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An Economy Is Employing 2 Units of Capital,5 Units of Raw

Question 172

Multiple Choice

An economy is employing 2 units of capital,5 units of raw materials,and 8 units of labour to produce its total output of 640 units.Each unit of capital costs $10,each unit of raw materials,$4,and each unit of labour,$3.
-Refer to the above information.As a result of the change indicated in the previous question,the aggregate:


A) supply curve would shift to the left.
B) supply curve would shift to the right.
C) demand curve would shift to the left.
D) demand curve would shift to the right.

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