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List the Three Major Determinants That Can Cause a Shift

question 22

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List the three major determinants that can cause a shift in the short-run aggregate supply.


Definitions:

Sequential Interdependence

Describes a workflow situation where the output of one task is the input for the next, indicating a direct order of operations among tasks.

Predetermined Order

Implies a specific sequence or arrangement of actions, events, or tasks that has been established in advance.

More Productive

Describes a state or condition in which higher levels of output or efficiency are achieved.

Organization Design

The process of shaping an organization's structure and roles to align with its strategy, goals, and culture.

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