In the above figure, what could cause the shift of aggregate demand fromAD1 to AD2?

A) depletion of raw materials B) an increase in international trade barriers
C) a decrease in consumer confidence D) an increase in input prices

C

Economics

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Competitive firms decide how much output to sell by producing output until the price of the good equals

a. marginal product. b. the value of marginal product. c. marginal cost. d. marginal profit.

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Human capital is increased when a firm makes investments that raise workers' productivity.

A. True B. False C. Uncertain

Economics