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This is a two part question: In part I, explain what can cause a shift (either an increase or decrease) in the AS curve. In
This is a two part question: In part I, explain what can cause a shift (either an increase or decrease) in the AS curve. In part II, what happens to equilibrium output and price if Aggregate Demand decreases when the starting and ending equilibrium fall in the Intermediate Range of the Aggregate Supply curve
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Managerial Economics and Strategy
Authors: Jeffrey M. Perloff, James A. Brander
2nd edition
134167879, 134167872, 9780134168319 , 978-0134167879
