Examlex
Which of the following shifts the long-run aggregate supply curve to the left?
Equilibrium Price
The price at which the quantity of a good demanded by consumers equals the quantity supplied by producers, resulting in market balance.
Demand Shift
A change in the quantity of a product or service that consumers are willing and able to buy at all price levels, caused by factors other than the price of the product itself.
Operating Costs
are expenses associated with the day-to-day functioning of a business, such as rent, utilities, and payroll.
Price of Eggs
The monetary cost required to purchase eggs, which can vary based on factors such as location, type of eggs, and market conditions.
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