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

question 76

Multiple Choice

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


Definitions:

Expensive

Involving a high cost or requiring considerable expenditure.

Equilibrium

A situation in which market demand equals supply, resulting in consistent pricing.

Dominant Strategies

In game theory, a strategy that is best for a player in a game regardless of the strategies chosen by other players.

Equilibrium

The state in an economy or market where demand equals supply, leading to stable prices.

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