A decrease in the availability of an important major resource such as oil shifts can cause

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asked Oct 2, 2021 202k views

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Rahel · Answer 1 · 2021-10-08T11:11:55+0000

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It will bring about a decrease in aggregate supply which is caused by the increase in input prices and it is represented by a shift to the left of the SAS curve because the SAS curve is drawn under the belief that input prices remain constant.

A decrease in the availability of an important major resource such as oil shifts can cause

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