Firms' Manufacturing Costs Increase Substantially Due to Higher Electricity Tariffs

question 34

Multiple Choice

Firms' manufacturing costs increase substantially due to higher electricity tariffs. How will this affect the economy?

• A) Aggregate supply will rise causing a boom in the economy.
• B) Aggregate supply will fall and the economy will move into recession.
• C) Aggregate demand will fall and the economy will move into recession.
• D) Aggregate demand will rise causing a boom in the economy.

---

Definitions:

8 GB Of Data

A unit of digital information storage equivalent to approximately 8 billion bytes.

Storage

Refers to devices or media that can hold data, such as hard drives, SSDs, memory cards, and cloud storage.

Minimizing Costs

Strategies or methods employed to reduce expenses in operations, manufacturing, or project management without compromising the quality.

Motherboard Form Factor

The standard that defines the size, shape, and layout of a motherboard, determining the compatibility with computer cases and power supplies.