Examlex
Give examples of factors that decrease aggregate supply.Which way does the AS curve shift?
Lower Price
The reduction of cost or charge for a product or service, making it more affordable.
Performance Bond
A bond issued by a bank or insurance company that guarantees satisfactory completion of a project by a contractor, mitigating risk for the project owner.
Indemnified
means being protected or secured against financial loss or other liabilities, often through insurance or contractual agreement.
Specifications
Detailed and precise descriptions of the requirements for materials, products, or services, including technical details, standards, and quality criteria.
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