Something That Would Cause the Long-Run Aggregate Supply Curve to Shift

question 24

Multiple Choice

Something that would cause the long-run aggregate supply curve to shift to the right would be:

• A) technological advance.
• B) discovery of a new oil reserve.
• C) increase in the growth rate of the labor force.
• D) All of these would shift the long-run aggregate supply curve to the right.

Grasp the principles of organizing within a company, such as parity principle, unity of command, and chain of command.

Recognize the importance of the span of control and how it affects managerial effectiveness.

Identify the advantages of delegating authority and empowering employees.

Discern the steps involved in the delegation process and the role of authority and responsibility.

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Definitions:

DNA Ligase

Enzyme that catalyzes the joining of the 5′ and 3′ ends of two DNA fragments; essential in DNA replication and used in recombinant DNA technology.

Excision Repair Enzymes

A class of enzymes involved in the repair of DNA by recognizing and removing damaged or mismatched nucleotides, followed by filling in the correct sequences.

UV Rays

Short-wavelength ultraviolet radiation that is not visible to the human eye, capable of causing skin burns, eye damage, and other health issues.

Telomerase

An enzyme that adds specific DNA sequence repeats ("telomeres") to the ends of DNA strands in the telomere regions, thereby extending the life of cells.