The rerouting of trade risks raises costs for businesses and consumers but has benefited Vietnam, which has seen a surge of investment as companies look to diversify supply chains from China. Leading ...
The rerouting of trade risks raising costs for businesses and consumers but has benefited Vietnam, which has seen a surge of investment as companies look to diversify supply chains from China.
Aggregate supply and demand are represented separately by their own curves. Aggregate supply is a response to increasing prices that drive firms to utilize more inputs to produce more output.
If the demand for a good increases (the demand curve shifts to the right, D1 to D2), and supply remains the same, the price of the good will rise (P1). When the price of a good increases ...