Use the Information Below to Answer the Following Questions

question 15

Multiple Choice

Use the information below to answer the following questions.
Fact 10.2.1
Consider the following three methods of preparing your tax return. Method A uses a personal computer (cost equal to $1,000) and 1 hour of your time. Method B uses a calculator (cost equal to $30) and 12 hours of your time. Method C uses pen and paper (cost equal to $1) and 2 days (16 hours) of your time.
-Consider Fact 10.2.1. Which production method is technologically inefficient?

• A)A
• B)B
• C)C
• D)all of the above
• E)none of the above

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Definitions:

New Experiences

Encounters or situations that are novel or different from one's previous life events, contributing to personal growth.

Law of Effect

A principle in psychology proposed by Edward Thorndike that suggests behaviors followed by positive outcomes are more likely to be repeated, while those followed by negative outcomes are less likely to be repeated.

Behaviors

Actions or reactions of an individual or system in response to external or internal stimuli.

Satisfying Effect

Describes the fulfillment or contentment felt after needs or desires are met, often used in the context of consumer behavior and decision-making.