Multiple Choice
A News Wire article in the textbook is titled "Hurricane Damage to Gulf Ports Delays Deliveries,Raises Costs." Ceteris paribus,if production costs increase,then aggregate:
A) Supply will shift to the left.
B) Supply will shift to the right.
C) Demand will shift to the left.
D) Demand will shift to the right.
Correct Answer:
Verified
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