As a result of the price of raw materials rising from $4 to $8 per unit,the aggregate:

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An increase in the price of raw materials makes production more expensive, leading to a decrease in the quantity supplied at each price level, which is represented by a leftward shift of the aggregate supply curve. Potential output, which is the economy's maximum sustainable output level, is not directly affected by changes in production costs in the short run.

As a Result of the Price of Raw Materials Rising