Technology Is

question 30

Multiple Choice

Technology is

• A) the set of constraints on production defining how one can combine or convert inputs into outputs
• B) a return that is just sufficient to recover an entrepreneur's opportunity cost
• C) a concept that has no effect on production

---

Definitions:

Financial Accountability

The responsibility of individuals or organizations to manage funds in an efficient, transparent, and lawful manner, often requiring regular reporting and audit.

Problem of Reactance

A psychological phenomenon where individuals exhibit resistance or opposition to external pressures or attempts at persuasion, often resulting in a desire to restore threatened freedoms.

Recreational Activities

Activities undertaken for enjoyment, leisure, and relaxation, which can vary widely and include sports, crafts, and games.

Detrimental Effects

implies negative consequences or outcomes that arise from a particular action, condition, or policy, impacting individuals or communities adversely.