Question: Consider the basic AD/AS model. If there is a decrease in the cost of raw materials, the result will be to shift the AS curve

Consider the basic AD/AS model.

If there is a decrease in the cost of raw materials, the result will be to

shift theAScurve to the right.

shift theAScurve to the left.

shift theADcurve to the right.

shift theADcurve to the left.

cause a movement to the left along theAScurve.

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