Technological Change

question 341

Multiple Choice

Technological change

• A) generates economic growth.
• B) shifts the PPF leftward.
• C) creates inefficiency.
• D) Both answers A and C are correct.

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Definitions:

Emotional Intelligence

The capability to recognize, understand, manage, and reason with emotions in oneself and others, crucial for effective personal and professional relationships.

Leadership Skills

A set of abilities that an individual possesses to influence, motivate, and enable others to contribute toward the effectiveness and success of the organizations of which they are members.

Multinational Firm

A Multinational Firm is a company that owns or controls production of goods or services in one or more countries other than its home country.

Marketing Department

A division within a company that focuses on promoting and selling its products or services to customers.