Suppose That the Technology Used to Manufacture Laptops Has Improved

question 85

Multiple Choice

Suppose that the technology used to manufacture laptops has improved. The likely result would be:

• A)an increase in supply of laptops.
• B)an increase in quantity supplied of laptops.
• C)a decrease in supply of laptops.
• D)a decrease in quantity supplied of laptops.

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Definitions:

Self-efficacy

Someone's trust in their own ability to perform actions that lead to defined achievements.

Enhancement Method

Techniques or strategies used to improve a process, product, or service to increase its value or efficiency.

Vicarious Modelling

A learning process that occurs by observing the behaviors, outcomes, and consequences of others’ actions, rather than through direct personal experience.

Self-efficacy

An individual's belief in their own capability to execute behaviors necessary to produce specific performance attainments.