Suppose There Is a Drop in the Price of an Important

question 94

Multiple Choice

Suppose there is a drop in the price of an important factor input. What will be the effect on the aggregate supply curve?

• A)The AS curve will shift to the right.
• B)There will be movement to the left, along the AS curve.
• C)There will be movement to the right, along the AS curve.
• D)The AS curve will shift to the left.
• E)There will be no change in the AS curve.

---

Definitions:

Autism Spectrum Disorder

A developmental disorder characterized by difficulties in social interaction, communication, and by restricted or repetitive behaviors and interests.

Difficulty Understanding

Refers to challenges or obstacles encountered when trying to comprehend information, instructions, or concepts.

Neurodiversity

The idea that each person has neurological strengths and weaknesses that should be appreciated, in much the same way diverse cultures and ethnicities are welcomed. Neurodiversity seems particularly relevant for children with disorders on the autism spectrum.

Multifinality

The concept that similar initial conditions can lead to different outcomes.