The Only Factor That Can Cause Movement Along the Aggregate

question 105

Multiple Choice

The only factor that can cause movement along the aggregate supply curve is the

• A)labor force.
• B)capital stock.
• C)availability of resources.
• D)price level.
• E)All of the above are correct.

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Definitions:

Target Profit

The predetermined amount of profit a company aims to achieve within a certain period.

Dollar Sales

The total revenue or sales value of a product, service, or business transaction expressed in terms of dollars.

Target Profit

The amount of net income a company aims to achieve for a specific period as part of its financial and operational planning.

Fixed Expense

Costs that do not change with the level of goods or services produced by the business, such as rent or salaries.