poohbear1738
contestada

What would be the effect from an increase in the price of natural resources?

A) There would be a movement along the short-run aggregate supply curve.
Eliminate
B) There would be a decrease in the cost of production therefore leading to a reduction in the short-run aggregate supply.
C) There would be a decrease in the cost of production therefore leading to an increase in the short-run aggregate supply.
D) There would be an increase in the cost of production therefore leading to a reduction in the short-run aggregate supply.

Respuesta :

Spykids
I’m pretty sure the answer is D, as if natural resources become more expensive then production costs would increase, leading to a drop in the supply.

Hope this helps!

Answer:d

Explanation:

I just took the test

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