Make a List of Things That Would Shift the Long-Run

question 32

Essay

Make a list of things that would shift the long-run aggregate supply curve to the right.

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Definitions:

Agent

An individual or entity authorized to act on behalf of another person or entity in dealings with third parties.

Principal Negotiator

identifies a person who has the primary responsibility for conducting negotiations, often on behalf of an organization or government.

Troubleshooter

describes someone skilled in solving problems or fixing complex issues, often in technical or organizational contexts.

Commission Basis

refers to a method of payment based on a percentage of the sales one makes, as opposed to a fixed salary.