Skip Nav

Determinants of aggregate supply

Aggregate Supply

❶What is determinants of supply? A curve that graphically represents the relation between total revenue received by a firm for selling its output and the quantity of output sold.

Expert Answer

Choose a video to embed

This supplement really curbs my appetite and cravings throughout the day, which was always my biggest struggle with weight loss. I don't find myself eating because I'm bored anymore. I find that I want to eat only very small portions.

Main Topics

Privacy Policy

Determinants of Aggregate Supply. Changes in labor force: Anything that causes the amount of workers to increase in an economy will cause aggregate supply to increase or shift to the right. If the labor force decreases, the overall supply of .

Privacy FAQs

Start studying Determinants of Aggregate Demand and Supply. Learn vocabulary, terms, and more with flashcards, games, and other study tools.

About Our Ads

Aggregate supply determinants are held constant when the aggregate supply curves are constructed. A change in any of these determinants causes a shift of either the short-run aggregate supply curve, the long-run aggregate supply curve, or both. Learn aggregate supply determinants with free interactive flashcards. Choose from different sets of aggregate supply determinants flashcards on Quizlet.

Cookie Info

The best videos and questions to learn about Determinants of aggregate supply. Get smarter on Socratic. The ability to produce is summarized by the long run Aggregate Supply (AS) function based on the level of technology and availability of factor inputs. The ability to spend is summarized by the Aggregate Demand (AD) relationship which represents combinations of income and interest rates such that product markets and financial markets are in .