A Franchise System Can Be Used for Handling

question 71

Multiple Choice

A franchise system can be used for handling

• A) goods.
• B) services.
• C) both of the above.
• D) none of the above.

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Definitions:

Capital-Using Technologies

Innovations that increase the efficiency of capital usage, often leading to higher productivity but possibly requiring more initial investment.

Capital-Saving Technologies

Innovations that allow for the same level of production using fewer inputs of capital, usually leading to cost savings and increased efficiency.

Demographic Transition

describes the transformation of a country’s population structure as it progresses from high birth and death rates to low birth and death rates, often as part of economic development.