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Which of the following would cause a rightward shift of the aggregate demand curve?
Total Variable Costs
The sum of all costs that vary with the level of output, such as materials and labor, excluding fixed costs like rent or salaries.
Total Costs
The sum of all expenses a business incurs to produce or sell its products or services, including fixed and variable costs.
Marginal Costs
The cost associated with producing one extra unit of a commodity, emphasizing the importance of scale in production.
Average Total Costs
The total cost of production divided by the number of units produced, representing the cost per unit.
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