Examlex

Solved

If an Improvement in Production Technology Causes a Decrease in Production

question 86

Multiple Choice

If an improvement in production technology causes a decrease in production costs,the result is a(n)


Definitions:

Internet

A global network of computers that allows for the exchange of data and information across vast distances.

Secret Formula

A unique or proprietary recipe or set of instructions known only to its inventor or producer, often associated with successful products.

Government Controls

Mechanisms used by a government to regulate or oversee activities within its jurisdiction to ensure public welfare, compliance with laws, and national security.

Social Media

Internet-based platforms that enable users to create, share content, and participate in social networking.

Related Questions