A Technical Innovation in a Firm Would

question 12

Multiple Choice

A technical innovation in a firm would

• A) shift each isoquant away from the origin.
• B) shift each isoquant toward the origin.
• C) cause more to be produced with more capital and less labour.
• D) cause more to be produced with more labour and less capital.

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Definitions:

Motor Neurons

Nerve cells that convey impulses from the spinal cord or brain to muscle cells, causing them to contract.

Impulses

Sudden desires or urges that prompt an individual to act in a particular way, often without premeditation.

Dendrites

Branch-like extensions of neurons that receive impulses and conduct signals towards the cell body.

Tree Branches

Extensions of a tree's main trunk, growing outward and upward, which support leaves, flowers, and fruits.