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Which of the Following Must Also Shift If the Long-Run

question 117

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Which of the following must also shift if the long-run aggregate supply curve shifts?


Definitions:

Confidence

A feeling of self-assurance arising from one's appreciation of their own abilities or qualities.

Competence

The ability of an individual or organization to effectively perform a job or task due to their knowledge, skills, and experience.

Positive Reinforcement

A strategy in behavior management that involves giving a reward or positive outcome after a desired behavior is performed, encouraging that behavior to be repeated.

Desirable Consequence

A positive outcome or result that is sought after or desired in a specific context.

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