Answered

Find the best solutions to your questions at Westonci.ca, the premier Q&A platform with a community of knowledgeable experts. Join our platform to connect with experts ready to provide accurate answers to your questions in various fields. Our platform offers a seamless experience for finding reliable answers from a network of knowledgeable professionals.

The short-run aggregate supply curve is likely to shift left when there isan increase in the degree of excess capacity.a. Trueb. False

Sagot :

jepessoa

Answer:

a. True

Explanation:

An increase in the degree of excess capacity results from a decrease in productivity. In other words, factories have excess capacity when they are producing less or they are producing an output level which is lower than expected or planned. A decrease in productivity shifts the SRAS curve to the left.

Thanks for stopping by. We are committed to providing the best answers for all your questions. See you again soon. Thank you for choosing our platform. We're dedicated to providing the best answers for all your questions. Visit us again. Thank you for trusting Westonci.ca. Don't forget to revisit us for more accurate and insightful answers.