Ceteris Paribus,an Improvement in Productivity Will Shift the Aggregate

question 103

Multiple Choice

Ceteris paribus,an improvement in productivity will shift the aggregate:

• A)supply curve to the right, while potential output remains constant
• B)supply curve to the left, while potential output remains constant
• C)supply curve to the right, while potential output increases
• D)demand curve to the left
• E)supply to the left, while potential output decreases

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Definitions:

Legal Issues

Potential legal disagreements or disputes that arise in the course of business operations or personal activities, requiring resolution through legal means.

Sales Position

A role within a company that focuses on promoting and selling the company’s products or services to customers.

Territory

An area of land under the jurisdiction of a ruler or state, or in commercial terms, designated geographic boundaries assigned to sales representatives or distributors.

Ethical Problems

are dilemmas or situations that require a choice to be made between actions that are right or wrong according to moral principles.