Which of the Following Would Cause the Long-Run Aggregate Supply

question 258

Multiple Choice

Which of the following would cause the long-run aggregate supply curve to shift to the right?

• A)an increase in wages
• B)an increase in demand
• C)an increase in productivity
• D)an increase in taxes on profits

---

Definitions:

Storage Costs

Expenses incurred to keep inventory stored safely and effectively, including warehousing, material handling, and preservation costs.

Quantity

Quantity refers to the amount or number of units of a particular item or substance, indicating the volume, size, or extent of that item.

Holding Cost

Refers to the costs related to retaining inventory, encompassing expenses such as storage, depreciation, and opportunity costs.

Replenishment Order

An order placed to restock inventory or supplies to ensure sufficient levels are maintained to meet anticipated demand.