Which of the Following Changes Shifts the Long-Run Aggregate Supply

question 81

Multiple Choice

Which of the following changes shifts the long-run aggregate supply curve to the right?

• A) a demographic change that increases the labour supply
• B) a decrease in the demand for labor
• C) an increase in consumer confidence
• D) a decrease in taxes (assuming Ricardian equivalence doesn't hold)

Comprehend the impact of capacity commitment to lower price buyers on wastage and higher price buyer accommodation.

Understand the strategic use of pricing to manage demand across different customer segments and time periods.

Grasp the trade-offs involved in overbooking and optimizing the use of capacity.

Recognize the role of revenue management in adjusting pricing and supply to maximize profits.

---

Definitions:

Naturalistic Observation

A research method that involves observing subjects in their natural environment without intervention.

Laboratory Observation

A descriptive research method in which behavior is studied in a laboratory setting.

Experimental Research

A scientific approach that seeks to establish cause-and-effect relationships by manipulating variables and observing their effects on a controlled environment.

Case Study

A research method that involves the intensive examination of an individual or group, providing detailed insights into aspects of their life or condition.