-Refer to the Above Information to Answer This Question

question 96

Multiple Choice

$\begin{array}{llcc} \text { 1. An increase in price: } & \text { A. An increase in the quantity traded: } \\ \text { 2. A decrease in price: } & \text {B. A decrease in the quantity traded; } \\ \text { 3. No change in price: } & \text {C. No change in quantity traded. } \\\end{array}$


-Refer to the above information to answer this question. What is the effect of an improvement in technology?

• A) 1 and A.
• B) 1 and B.
• C) 2 and A.
• D) 3 and B.
• E) 3 and C.
• F) 1 and C.

---

Definitions:

Internal Growth

The process of expanding a firm's operations from its own internally generated resources, without relying on takeovers or mergers with other companies.

Ownership Guarantees

An assurance provided by a seller to a buyer that they have the right to sell the property and there are no claims against it.

Minimum Level

The lowest acceptable limit or quantity.

Firm Control

Refers to the power to make significant decisions within a company, often held by the management team or major stakeholders who can influence business direction and policies.