Which One of the Following Would Increase Per Unit Production

question 59

Multiple Choice

Which one of the following would increase per unit production cost and therefore shift the aggregate supply curve to the left?

• A)a reduction in business taxes
• B)an increase in the number of resources used in production
• C)an increase in the price of imported resources
• D)deregulation of industry

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Definitions:

Equipment

Tangible property used in operations, such as machinery and office equipment, which is not intended for sale.

Bond Payable

A long-term liability account that represents a promise to pay a series of payments over time and repay the principal amount at maturity.

Bondholder

An investor or entity that owns bonds issued by corporations or governments, entitling them to receive the bond's face value at maturity, as well as periodic interest payments.

Evidence

Information or documentation used to support or verify entries in the accounting records or financial statements.