Which of the Following Will Decrease the Short-Run Aggregate Supply

question 97

Multiple Choice

Which of the following will decrease the short-run aggregate supply?

• A) An increase in wages
• B) An increase in the labor force
• C) A decrease in net exports
• D) A decrease in the personal income tax rates

Explain the concepts of dominant strategies and Nash equilibrium within game theory.

Evaluate the impact of strategic behaviors such as cheating in oligopolistic markets.

Understand how different market structures (monopoly, duopoly, oligopoly) determine the pricing and output decisions of firms.

Assess the efficiency outcomes in different market scenarios using demand and cost curves.