-In the Above Figure, B Is the Current Long-Run Aggregate

question 139

Multiple Choice

-In the above figure, B is the current long-run aggregate supply curve and E is the current
Short-run aggregate supply curve. If there is an increase in the full -employment quantity of labor, then the long-run aggregate supply curve and the short-run aggregate supply curve

• A) remain B and E.
• B) shift to A and F, respectively.
• C) shift to C and F, respectively.
• D) shift to A and D, respectively.

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Definitions:

Nonmanufacturing Cost

Expenses not directly related to the production of goods, such as selling, general, and administrative expenses.

Office

An office is a room, set of rooms, or building where the work of a business or organization, particularly clerical work, is conducted.

Salesperson Commissions

are the payments made to sales staff based on the value or volume of sales they have made.

Prime Costs

The direct costs of manufacturing a product, which include raw material and labor expenses directly tied to the production process.