FIGURE 23-2 -Refer to Figure 23-2.Which of the Following Events Could Cause

question 115

Multiple Choice

FIGURE 23-2
-Refer to Figure 23-2.Which of the following events could cause the upward shift of the AS curve?

• A)improvements in communications technology
• B)a decrease in business confidence that reduces desired investment
• C)a recession in the U.S.that reduces our net exports
• D)a major discovery of new oil reserves that will increase the world supply
• E)a massive drought that reduces agricultural output

---

Definitions:

Constraints

Limitations or restrictions that influence the outcomes of decision-making processes or physical processes.

Objective

A specific result that a person or system aims to achieve within a timeframe with clear, measurable actions.

Problem Solving Software

Specialized software designed to assist in analyzing, understanding, and finding solutions to complex problems or equations.

Constraint

A condition or limitation that must be satisfied in optimization problems or in systems design.