If input prices rise and AS shifts to the left by 2,000 units at each price level, what output level will equal the new equilibrium price?
A. 6000
B. 2000
C. 8000
D. 7000
Answer:D
If input prices rise and AS shifts to the left by 2,000 units at each price level, what output level will equal the new equilibrium price?
A. 6000 B. 2000 C. 8000 D. 7000
Explanation: Type: Multiple Choice