An Increase in the Capital Stock Would Shift the Production

question 131

Multiple Choice

An increase in the capital stock would shift the production function _______ and the long-run aggregate supply curve to the _______.

• A) upward; right
• B) upward; left
• C) downward; left
• D) to the right; right

---

Definitions:

Radical Expression

An expression that includes a radical symbol, indicating the root of a number or another expression.

Cube Root

A value that, when multiplied by itself twice, gives the original number.

Correct Statement

A declaration or assertion that is true based on evidence or facts.

Simplify Answer

The process of providing the most reduced or straightforward form of a response, typically by consolidating terms or performing basic operations.