In the Context of S-Curves in Technological Improvement,as a Technology

question 4

True/False

In the context of s-curves in technological improvement,as a technology begins to reach its inherent limits,the cost of each marginal improvement decreases,and the s-curve flattens.

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Definitions:

Corporation

is a legal entity that is separate from its owners, with its own rights and liabilities, and is created to conduct business.

Economics

The social science that studies the production, distribution, and consumption of goods and services.

Investment

The allocation of resources, usually financial, into projects, assets, or enterprises, aiming to earn a return over time.

Inventory

The total amount of goods and materials held in stock by a business, industry, or other entity, used in production or sales.