Supply and demand is an economic tool that analyzes the total costs and benefits of alternative policies to different groups, such as producers and consumers.

An increase in natural resources would ____

a) increase long-run aggregate supply. b) decrease long-run aggregate supply. c) have no impact on long-run aggregate supply. d) increase aggregate-demand.

Economists assume that the goal of consumers is to

A) make themselves as well off as possible. B) do as little work as possible to survive. C) consume as much as possible. D) spend all their income.