Which One of the Following Statements Is Not True

question 21

Multiple Choice

Which one of the following statements is not true?

• A)A production process is technologically efficient only if it is producing a given output at the lowest possible cost.
• B)If a process is economically efficient, it must be technologically efficient as well.
• C)Economic efficiency depends on the relative price of inputs, while technological efficiency does not.
• D)Economically efficient firms will be more likely to survive than economically inefficient firms.
• E)Technologically efficient firms are more likely to survive than technologically inefficient firms.

---

Definitions:

Flight Simulators

Advanced computer programs or equipment designed to simulate the experience of flying an aircraft, used for training and entertainment purposes.

Artificial Intelligence

A branch of computer science concerned with building smart machines capable of performing tasks that typically require human intelligence.

Ingestible Camera

A small, swallowable device equipped with a camera for capturing images of the digestive tract, used for medical diagnostics.

Electronic Bracelet

A wearable electronic device designed for monitoring, tracking, or specific functionality such as health monitoring or access control.