The position of the AS curve is influenced by all except which one of the following?

Question

Quizplus · Accepted Answer

The AS (Aggregate Supply) curve represents the total quantity of goods and services that producers are willing to supply at a given price level. Factors such as education and training, production costs, productivity, and technology directly influence the production capacity and costs, thus affecting the position of the AS curve. Consumption, however, is a component of aggregate demand, not aggregate supply, and therefore does not directly influence the position of the AS curve.

The Position of the AS Curve Is Influenced by All