If the Costs of Production Decrease,there Is

question 158

Multiple Choice

If the costs of production decrease,there is

• A)an increase in aggregate supply and the AS curve shifts rightward.
• B)a decrease in aggregate supply and the AS curve shifts leftward.
• C)an increase in the quantity of real GDP supplied and a movement up along the AS curve.
• D)a decrease in the quantity of real GDP supplied and a movement down along the AS curve.
• E)an increase in aggregate supply and the AS curve shifts leftward.

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Definitions:

Ownership of Partnership

Ownership of a partnership refers to the proportionate share of rights, interests, and responsibilities in a partnership business, held by each partner.

Bonita's Share

A specific portion or allotment of a larger amount or entity that is designated or attributed to a person named Bonita.

Whole Business

A term often used in finance and economics referring to considering all aspects and operations of a business entity as a total entity.

Hockey Team

A hockey team is a group of players who compete together in the sport of hockey, governed by rules and often part of a league or competition.