When the Quantity of Capital Increases, Then the

question 292

Multiple Choice

When the quantity of capital increases, then the

• A) LAS curve shifts rightward and the SAS curve does not shift.
• B) SAS curve shifts rightward and the LAS curve does not shift.
• C) SAS curve shifts rightward and the LAS curve shifts rightward.
• D) SAS curve shifts rightward and the LAS curve shifts leftward.

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Definitions:

Place Utility

The value added to products by having them available at a location where they are needed or wanted.

Exchange

A platform or process where goods, services, or securities are traded between two parties.

Wisconsin

A U.S. state located in the north-central United States, in the Midwest and Great Lakes regions, known for its dairy production and manufacturing industries.

Sporting Goods

Products and equipment designed for use in physical activities and sports.