The figure given below depicts long-run equilibrium in the aggregate demand-aggregate supply model.The movement from Y1 to Y2in this figure could have been caused by a:
Definitions:
Trading Company
A trading company is an entity that connects buyers and sellers of various commodities, goods, or services, often operating internationally to facilitate trade across borders.
Import Broker
An individual or firm that acts as an intermediary between an importer and the government, facilitating the importation of goods through customs clearance and compliance with local regulations.
Sales Agent
An intermediary or representative who negotiates sales for products or services on behalf of another party, typically earning a commission for transactions.
Total Cost of Ownership
The comprehensive assessment of all costs associated with the purchase, operation, and maintenance of an asset over its entire lifespan.
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