When a New Personal Computer Is Purchased to Replace an Old

question 19

Multiple Choice

When a new personal computer is purchased to replace an old one, and the new PC is much better and faster than the old one, there has been

• A)an embodied technical change.
• B)a disembodied technical change.
• C)a fall in the output per unit of capital.
• D)capital "deepening".
• E)a rise in the capital- output ratio.

---

Definitions:

Capacity Shortage

The lack of sufficient production or service capability to meet customer demand.

Productivity

The effectiveness of productive effort, measured in terms of the rate of output per unit of input, often used to gauge the efficiency of an organization or industry.

Backup Source

An alternative or secondary supplier, system, or method available in case the primary option fails, to ensure continuity.

Unused Capacity

Resources or assets that are available but not currently being used to their fullest potential in production or operations.