Question

When economists study aggregate supply and aggregate demand, what are they studying? the supply and demand of a good produced by one company the total supply and demand of goods produced at a givenprice the equilibrium price of one good that is produced the reason for a decrease in supply and demand for a specific good

Answer 1

The total supply and demand of goods produced at a given price is the correct answer, hope this helps.

Answer 2

Answer: The total supply and demand of goods produced at a given price.

Explanation:

They are studying Macroeconomics. Macroeconomics is a branch of economy that deals with the study of demand and supply and overall economic activities happening around as a whole instead in parts. Thus, when economists are studying aggregate demand and supply, they are studying macroeconomics and not microeconomics.