Regarding Automation, Which of the Following Is True

question 4

Multiple Choice

Regarding automation, which of the following is true?

• A) Automated production processes are generally adopted regardless of whether they reduce costs.
• B) Automated production processes eliminate jobs and, thereby, endanger our future living standards.
• C) Cost-reducing automated production techniques will expand output directly and/or release scarce resources for the expansion of output in other areas.
• D) Use of the most advanced technology will always minimize the cost of a productive activity.

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Definitions:

Distant Future

A time period that is significantly far ahead, often undefined and speculative.

Trade Dress

The overall appearance and image of a product.

Trademark

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A unique address on the internet that identifies a website and typically consists of a website name and a domain extension like .com or .net.