When Production Costs Rise

question 96

Multiple Choice

When production costs rise,

• A)the short-run aggregate supply curve shifts to the right.
• B)the short-run aggregate supply curve shifts to the left.
• C)the aggregate demand curve shifts to the right.
• D)the aggregate demand curve shifts to the left.

Recognize the influence of language on thinking and perception.

Discern the implications of bilingualism on identity and cognitive processes.

Acknowledge the role of visualization and self-imagery in learning and performance.

Identify the ability of different species to develop and use concepts.

---

Definitions:

Excess Amount

The surplus or amount by which a sum exceeds what is necessary or required.

Outstanding Common Shares

The shares of a corporation that are issued and owned by shareholders, representing ownership in the company.

Net Assets

The difference between a company's total assets and its total liabilities, representing the equity value that shareholders would theoretically receive if all assets were liquidated and all debts paid.

Investment Account

An account held at a financial institution and managed by an investment dealer that contains securities, cash, or other assets for investment purposes.