Joey's Lawncutting Service Recently Traded in Its Push Mowers for Gasoline-Powered

question 109

Multiple Choice

Joey's lawncutting service recently traded in its push mowers for gasoline-powered mowers.Joey still requires one worker per lawnmower; however,more grass is now cut in the same amount of time as before.This is an example of

• A) labor-saving technical change.
• B) non-neutral technical change.
• C) neutral technical change.
• D) organizational change.

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Definitions:

Ending Inventory

The final amount of products on hand at the close of an accounting period, reflecting the inventory that was not sold.

Tennis Rackets

Equipment used in the sport of tennis, consisting of a handle attached to a framed grid of tightly pulled strings.

Inventory Record

An inventory record is a detailed log that tracks the quantities and locations of products or materials a company has in stock.

Units Sold

The total number of individual items sold during a specified time period.