If the Costs of Production Decrease,there Is

question 158

Multiple Choice

If the costs of production decrease,there is

• A)an increase in aggregate supply and the AS curve shifts rightward.
• B)a decrease in aggregate supply and the AS curve shifts leftward.
• C)an increase in the quantity of real GDP supplied and a movement up along the AS curve.
• D)a decrease in the quantity of real GDP supplied and a movement down along the AS curve.
• E)an increase in aggregate supply and the AS curve shifts leftward.

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Definitions:

Ovaries

Female reproductive organs in vertebrates that produce eggs (ova) and hormones like estrogen and progesterone.

Estrogen

A collection of steroid hormones that support the growth and preservation of female body traits.

Progesterone

A steroid hormone released by the ovaries that prepares the uterus for pregnancy and maintains it until birth.

Melatonin

A hormone produced by the pineal gland that regulates sleep and wake cycles.