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If there is a decrease in the percentage of employees whose wages adjust automatically with changes in the price level, the aggregate supply curve will become
Opportunity Cost
The loss of potential gain from other alternatives when one alternative is chosen.
Indirect Cost
Expenses not directly tied to the production of goods or services but necessary for the overall operation, such as administration, utilities, and security.
Operating Telephone System
The infrastructure and processes that support the functionality of telephones, enabling voice communication over distances.
Qualifications
The credentials, such as degrees or certifications, that prove someone's capability or skill in a specific area.
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