A shift in the production function will shift the long-run aggregate supply curve.

Name: A shift in the production function will shift the long-run aggregate supply curve.
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Question

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A shift in the production function will affect factors like capital, labor, and technology available for production, ultimately leading to a change in potential output. This, in turn, will shift the long-run aggregate supply curve.

A Shift in the Production Function Will Shift the Long-Run