By itself, an increase in the price of oil shifts the
What will be an ideal response?
short-run aggregate supply curve leftward and does not shift the aggregate demand curve.
Economics
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Increasing returns
A) causes marginal cost to remain constant. B) causes marginal cost to rise. C) causes marginal cost to fall. D) causes marginal product to rise but then fall.
Economics
Which of the following is assumed to be constant along a demand curve for pet dogs?
a. the quantity of dogs demanded each time period b. the price of dogs c. the price of cats d. the number of dogs people want to buy
Economics