An increase in the costs of resources or inputs of production would shift the:
A) short-run aggregate supply curve rightward.
B) short-run aggregate supply curve leftward.
C) long-run aggregate supply curve rightward.
D) long-run aggregate supply curve leftward.
B
Economics
You might also like to view...
The law of diminishing marginal returns says that as the firm uses more of ________, with a given quantity of ________, the ________ product of the variable input eventually diminishes
A) a fixed input; variable inputs; marginal B) all inputs; capital; average C) a variable input; fixed inputs; average D) a variable input; fixed inputs; marginal
Economics
The major source of tax revenues collected by the Federal government is the corporate income tax
a. True b. False Indicate whether the statement is true or false
Economics