Sign In
Ask Question
Guest
Business
18 October, 10:32
What would not shift the aggregate supply curve?
+2
Answers (
1
)
Caitlin
18 October, 10:47
0
Answer: a change in price
Explanation:
Aggregate supply, is the total supply of goods and services that are produced within an economy at a given price in a given period. Aggregate supply is represented by the aggregate supply curve, and the curve describes the relationship between price levels and quantity of output that firms are willing to sell.
A shift in aggregate supply can be caused by many variables, such as technological innovation, changes in labor size and quality of labor, an increase in wages, changes in inflation, increase in production costs, changes in producer taxes, and subsidies. A change in price will not cause a shift in the aggregate supply curve rather it will cause a movement along the supply curve.
Comment
Complaint
Link
Know the Answer?
Answer
Not Sure About the Answer?
Find an answer to your question 👍
“What would not shift the aggregate supply curve? ...”
in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Need Advice! Ive been told that i can be a singer or book writer and honestly i have stage fright and with the book what if everyone hates the book that i wrote. I can i get over my fears to do these things?
Answers (1)
A series of coordinated, related, multiple projects that continue over an extended time period and are intended to achieve a goal is known as a
Answers (1)
g The La Salle Bus Company has decided to purchase a new bus for $95,000 with a trade-in of their old bus. The old bus has a BV of $10,000 at the time of the trade-in. The new bus will be kept for 10 years before being sold.
Answers (1)
RHO Company began its operations on January 1 and produces a single product that sells for $10.25 per unit. The standard capacity is 80,000 units per year. The 80,000 units were produced, and 70,000 units were sold during the year.
Answers (1)
Equipment was purchased for $85,000 on January 1, 2016. Freight charges amounted to $3,500 and there was a cost of $10,000 for building a foundation and installing the equipment.
Answers (1)
New Questions in Business
Transactions for Ivanhoe Company for the month of June are presented below. June 1 Issues common stock to investors in exchange for $5,830 cash. 2 Buys equipment on account for $1,550. 3 Pays $560 to landlord for June rent.
Answers (1)
A partnership with 10 partners distributes its profits of $450,000 equally to the partners except partner #10 who receives 5% of the total profit. How much do partners #1-9 get equally? con
Answers (1)
What amount is a reasonable tip for an airport skycap?
Answers (1)
Canister Industries uses labor hours to apply variable overhead to production. If the company's workers were very inefficient during the period, which of the following statements would be true about the variable-overhead efficiency variance?
Answers (1)
The adjusting entry for accrued wages was omitted at July 31, the end of the current year. Indicate which items will be in error, because of the omission, on (a) the income statement for the current year and (b) the balance sheet as of July 31.
Answers (1)
Home
»
Business
» What would not shift the aggregate supply curve?
Sign In
Sign Up
Forgot Password?