A decrease 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.
A
Economics
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A U.S. citizen buys some toys made in China for his son. This is an example of a(n) ________
A) transfer payment to the U.S. B) import by China C) transfer payment to China D) export by China
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A monopolistic competitor's demand curve is
a. perfectly elastic b. less elastic than a monopolist's or oligopolist's but more elastic than a perfect competitor's c. as elastic as an oligopolist's d. more elastic than a monopolist's or oligopolist's but less elastic than a perfect competitor's e. perfectly inelastic
Economics