Which of the Following Is NOT a Technological Change at This

question 5

Multiple Choice

Which of the following is NOT a technological change at this time that have resulted in productivity gains in beef and pork?

• A) Routine use of antibiotics
• B) GMO genetically modified organisms)
• C) Growth hormones
• D) Feed supplements

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Definitions:

Residual Income

Income that remains after all costs and expenses, including minimum required return on investment, have been subtracted.

Operating Assets

Long-term assets used in the operations of a business, including property, plant, and equipment, that generate income.

Net Operating Income

The profit generated from a company’s everyday business operations, calculated by subtracting operating expenses from revenue.

Minimum Required Rate

The lowest rate of return or discount rate acceptable for a project or investment to proceed.