When production costs rise,a.the short-run aggregate supply curve shifts to the right. b.the short-run aggregate supply curve sh

Question

borishaifa [10]

4 years ago

5

When production costs rise,a.the short-run aggregate supply curve shifts to the right. b.the short-run aggregate supply curve sh

ifts to the left. c.the aggregate demand curve shifts to the right. d.the aggregate demand curve shifts to the left.

Business

1 answer:

Dovator [93] · Answer 1 · 2021-12-02T17:16:41+03:00

Dovator [93]4 years ago

7 0

Answer:

The Short Run Aggregate Supply Curve Shifts to the Right.

Explanation:

The short run aggregate supply curve shifts to the right because prices increase, and increased prices results in increased supply. However, increased prices drives down demand.