Which Is NOT a Reason That an Aggregate Supply Curve

question 208

Multiple Choice

Which is NOT a reason that an aggregate supply curve might slope upward to the right?

• A)As production increases,people want to buy less.
• B)As production increases,wages are bid up.
• C)As production increases,interest rates rise.
• D)As prices rise,producers expand output.

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Definitions:

Operating Expense

Expenses incurred during normal business operations, such as rent, utilities, and payroll, excluding costs associated with the production of goods sold.

Administrative Expenses

Expenses related to the general operation of a business, such as salaries of non-sales personnel, office supplies, and rent.

Research and Development Expense

Costs associated with the research and development of a company's products or services, recognized as an expense.

Interest Expense

The cost associated with an entity's borrowing of funds during a specific time interval.