Which of the Following Is True of Technological Innovations

question 11

Multiple Choice

Which of the following is true of technological innovations?

• A) Technological innovations help increase a country's gross domestic product.
• B) Technological innovations decrease the amount of output achievable from a given quantity of labor and capital.
• C) Technological innovations slow down the product development cycles and product obsolescence.
• D) Technological innovations increase production costs and reduce product differentiation.

---

Definitions:

Health Savings Accounts

Tax-advantaged accounts available in the United States to individuals enrolled in high-deductible health plans, used to save for medical expenses.

Origins

The point or place where something begins, arises, or is derived.

Establishment

A term often used to refer to a business or organization, particularly one located in a physical space.

Unhealthy Lifestyles

The habits or behaviors that increase the risk of developing health problems, such as diseases or reduced lifespan.