Refer to the Graph $\mathrm { AS } _ { \mathrm { LR } 2 } \text { to } \mathrm { AS } _ { \mathrm { LR1 } }$

question 77

Multiple Choice

Refer to the graph. It is given that the economy is at an initial equilibrium at point A. In the mainstream economic view, the effect of a signi?cant increase in productivity on the economy can
Best be represented by a shift from

• A) \(\mathrm { AS } _ { \mathrm { LR } 2 } \text { to } \mathrm { AS } _ { \mathrm { LR1 } }\)
• B) \(A D _ { 1 } \text { to } A D _ { 2 }\)
• C) \(AS _ { } { } _ { \mathrm { LR } 1 } \text { to } A S _ { \mathrm { LR } 2 } \text {. }\)
• D) \(A D _ { 2 } \text { to } A D _ { 1 }\)

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Definitions:

Weak Eyesight

A common condition that impairs a person's ability to see clearly, requiring corrective measures like glasses or contact lenses.

Mind Receptivity

The willingness or ability of the mind to receive and consider new information or ideas.

Comprehension

The ability to understand and grasp the meaning of something.

Good Character

The possession of virtuous qualities such as integrity, honesty, courage, loyalty, and fairness, reflected in one's behavior and decisions.