Several Studies Have Confirmed That as the Time and Effort

question 10

Multiple Choice

Several studies have confirmed that as the time and effort needed to adopt new technology_________ farmers tend to ________,undertaking less experimentation of their own?

• A) Increases; under-adopt
• B) Increases; free-ride
• C) Decreases; over-adopt
• D) Decreases; under-adopt

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Definitions:

Incremental Revenue

The additional revenue generated from a new business action or decision, beyond the existing revenue stream.

Incremental Costs

Incremental costs refer to the additional costs that a company incurs when increasing its production or activities by a small amount, also known as marginal costs.

Accumulated Depreciation

The total amount of depreciation expense recorded for an asset over its life.

Net Advantage

A term used in various contexts to indicate the superiority or benefit achieved by one option over another, often evaluated in decision-making scenarios.