[ syll. may-te, ma-yte ] The baby girl name Mayte is pronounced as M EY-T- â . Mayte has its origins in the Basque language. Mayte is a variant form of the Basque and Spanish Maite. Mayte is also a variant form of the name Maite.Mayte is not popular as a baby girl name. It is not in the top 1000 names. syll. may-te, ma-yte ] The baby girl name Mayte is pronounced as M EY-T- â . Mayte has its origins in the Basque language. Mayte is a variant form of the Basque and Spanish Maite. Mayte is also a variant form of the name Maite.
Supply curve shift: Changes in production cost and related factors can cause an entire supply curve to shift right or left. This causes a higher or lower quantity to be supplied at a given price. The ceteris paribus assumption: Supply curves relate prices and quantities supplied assuming no other factors change.
When potential GDP increases from 16 trillion to 17 trillion, the aggregate supply curve shifts rightward from AS0 to AS1. A rise in money wage rate causes price level to increase and decreases aggregate supply. The aggregate supply curve shifts leftward from AS0 to AS2. A rise in money wage rate does not change potential GDP.