If There Is an Advancement in the Technology Used to Produce

question 9

Multiple Choice

If there is an advancement in the technology used to produce a product, what is the likely effect it may have on the supply?

• A) The company would not change its manufacturing.
• B) More people would be needed to produce the product.
• C) It would decrease the supply.
• D) It would increase the supply.

Apply decision-making tools and concepts in various business scenarios including maintenance, car audio stores, and custom home designs.

Evaluate the cost-benefit analysis of acquiring additional information for decision-making.

Analyze the impact of market conditions and external factors on business decisions and their expected payoffs.

Understand the concept of stress and its physiological, emotional, and behavioral responses.

---

Definitions:

Neurons

Specialized cells of the nervous system that transmit signals throughout the body.

Psychobiology

The interdisciplinary field that studies the biological foundations of behavior, emotions, and mental processes.

Biological Foundations

The underlying physical and biological bases of behavior, including genetics, neuroanatomy, and physiological processes.

Behavior

The actions or reactions of an organism, often in response to its environment, encompassing a wide range of activities.