If output decreases,which of the following would occur?
A) Prices of non-labor inputs,input requirements per unit of output and unit costs would all increase and the economy would move upward along the aggregate supply curve.
B) Prices of non-labor inputs,input requirements per unit of output and unit costs would all decrease and the economy would move upward along the aggregate supply curve.
C) Prices of non-labor inputs,input requirements per unit of output and unit costs would all increase and the economy would move downward along the aggregate supply curve.
D) Prices of non-labor inputs,input requirements per unit of output and unit costs would all decrease and the economy would move downward along the aggregate supply curve.
E) Prices of non-labor inputs would decrease,input requirements per unit of output would increase and the economy would move upward along the aggregate supply curve.
Correct Answer:
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