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Naddika [18.5K]
2 years ago
12

In the long run, the least important cause of shifts the aggregate supply curve is?

Business
1 answer:
luda_lava [24]2 years ago
8 0

In the long run, the least important cause of shifts in the aggregate supply curve is a change in consumer spending.

The supply curve is a graphic representation of the correlation between the cost of an awesome or carrier and the amount furnished for a given length. In an ordinary illustration, the charge will appear at the left vertical axis, whilst the amount provided will seem at the horizontal axis.

In economics, supply curve is the quantity of aid that corporations, producers, laborers, companies of monetary property, or different financial sellers are inclined and capable of offering to the market or to a person. deliver can be in produced goods, labor time, raw substances, or some other scarce or precious object.

The supply curve is upward sloping due to the fact, through the years, suppliers can choose how much in their items to supply and later deliver to market.

Learn more about the supply curve here: brainly.com/question/23364227

#SPJ4

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First developed because of technological advances in human societies that created surplus resources.
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Social first developed because of technological advances in human societies that created surplus resources. deviance is the kind of deviance that societies do not sanction using laws.

<h3>What is surplus resources?</h3>

Surplus is the amount of an asset or resource that exceeds the amount used. To calculate consumer surplus, simply divide the consumer's actual price by the amount they were willing to pay.

When you have more of something than you need or intend to use, you have a surplus. For example, if you cook a meal and there is food left over after everyone has eaten, you have a surplus of food.

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6 0
1 year ago
4. Which of the following is true of social capital?
maks197457 [2]

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Option C.

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Read 2 more answers
Consider the market for orange juice. Suppose two events occurred last week. During the course of this past week, the price of o
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Answer:

these two events would lead to an increase in equilibrium quantity and have an indeterminate effect on equilibrium price

Explanation:

As a result of the decrease in the price of oranges which is use in the production of orange juice, there would be a rightward shift of the supply curve for orange juice. A a result,  the supply of orange juice would increase and price of orange juice would fall

Substitute goods are goods that can be used in place of another good.

The doubling of the price of coke would lead to a decrease in the demand for coke and an increase in the demand for orange juice. This would shift the dead curve for orange juice to the right. As a result,  both equilibrium price and quantity increases

these two events would lead to an increase in equilibrium quantity and have an indeterminate effect on equilibrium price

8 0
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