Aggregate supply is the supply of all goods and services within a country. Which of the following would most likely cause a decrease in the aggregate supply
leftward
a government subsidy
raising of interest rates
If there is no form of price control in place then yes it does.
Aggregate supply is the supply of all goods and services within a country. Which of the following would most likely cause a decrease in the aggregate supply
leftward
Decrease in the price of Fuzzy Wuzzy.
That would be decrease
Since corn and wheat can both be used as types or grain, they are in a way interchangeable amongst buyers. These types of goods are called substitute good, one can be substituted for another. If the price of corn rises, that leaves wheat being the more favored product (because it's cheaper). When an increase for the demand for wheat increase, the supply will decrease. The opposite would happen if the price of corn falls. If it falls under the price of wheat, corn will then be more favored. Thus making it the more demanded product. Under the law of demand, supply and demand work in opposite directions. When the demand increases, the supply decreases. When the demand decrease, the supply increases.
a government subsidy
raising of interest rates
If there is no form of price control in place then yes it does.
demand in supply is the basis of it's increase and decrease
Decrease in computer resources cost.
An increase in supply will cause a decrease in demand. The value of what is being supplied would also drop.
Producers expectation of a computer prince increase.