The short- run aggregate supply curve shifts when
A) the quantity of capital changes.
B) advances in technology occur.
C) the full- employment quantity of labor changes.
D) All of the above answers are correct.

Question

Quizplus · Accepted Answer

The short-run aggregate supply curve shifts due to changes in capital, technology, and the full-employment quantity of labor, as these factors affect production costs and capacity.

The Short- Run Aggregate Supply Curve Shifts When