The first alternative is correct (A).
The aggregate supply curve shows the relationship between the price level and the quantity of goods and services supplied in an economy.
Notice in the graph that in the short term, the supply curve is affected by input decisions and the price of the good. If companies have idle capacity and perceive an increase in prices, they can increase production and consequently supply. Likewise, they may decrease if the perception is contrary.
T<u>he only way to increase production in the long run is to raise capital and labor levels, ie through investments in the production plant, whether in inputs, physical space or human capital, which would shift the vertical line to the right. If firms do not make this decision to invest, in the long run the capacity for expansion will be compromised and supply can not increase, regardless of price. Output remains constant.</u>
Answer:
Hi! Your answer here is B.) Japan's vow for revenge, leading them to fight back. The use of the atomic bomb in Japan resulted in the destruction of many buildings and the death of tens of thousands of Japanese citizens. Also, Japan's leaders said Hiroshima forced them to surrender.
Answer:
It is a livestock market, and one of the chief centres in the United States for the manufacture of saddlery and leather goods, and of cotton-gin machinery.
Explanation:
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C. They created contracts with indentured servants to help work their land.
also known as slavery
Answer:
The US justified its military intervention in Vietnam by the domino theory, which stated that if one country fell under the influence of Communism, the surrounding countries would inevitably follow. The aim was to prevent Communist domination of South-East Asia.
Explanation: