Business, 05.11.2019 02:31 ashl3yisbored

In countries that have high minimum wages and require a lengthy and costly process to get permission to open a business a. reducing either the minimum wage or the time and cost to open a business would have no effect on the long-run aggregate supply curve. b. reducing the minimum wage and the time and cost to open a business would both shift the long-run aggregate supply curve to the right. c. reducing the minimum wage would shift long-run aggregate supply to the right. reducing the time and cost to open a business would have no affect on the long-run aggregate supply curve. d. reducing the minimum wage would have no affect on the long-run aggregate supply curve. reducing the time and cost to open a business would shift the long-run aggregate supply curve to the right.

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