When the cross-price elasticity of demand between two products is positive, the two goods are said to be substitutes

List three changes that lead to a shift of the aggregate supply curve. Discuss why each change shifts the aggregate supply curve and in which direction the curve shifts

What will be an ideal response?

"When the cost of producing a unit of a good falls as its output rate increases" is the definition of

A) economies of scope. B) economies of scale. C) economic efficiency. D) technological efficiency.