What Is a Potential Problem or Impact of Technology Dependence

question 56

Multiple Choice

What is a potential problem or impact of technology dependence?

• A)outages hold potentially great havoc for people, business, and educational institutions that rely heavily on technology
• B)many have a need to be continuously connected for every activity that potentially eliminates crucial in-person social skills and could stunt psychological growth
• C)people or businesses cannot function if the connection is down
• D)All of these are correct.

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Definitions:

AVC

AVC, or Average Variable Cost, is the cost per unit of variable inputs divided by the quantity of output produced.

Variable Cost

Costs that change in proportion to the level of production or sales volume.

Average Total Cost

The average cost of producing one unit, determined by dividing the total production expenses by the quantity of products made.

Fixed Cost

Expenses that do not change as a function of the activity of a business, within the relevant period.