When New Technologies Are Applied to the Production and Distribution

question 56

Multiple Choice

When new technologies are applied to the production and distribution of goods and services:

• A)scarcity is eliminated.
• B)diminishing returns to capital no longer hold.
• C)diminishing returns to capital still hold.
• D)average labor productivity decreases.

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Definitions:

Open Primaries

A primary election system where voters are not required to declare a party affiliation and can choose to vote in any party's primary.

Closed Primaries

Electoral contests limited to registered party members, preventing members of other parties from participating in the selection of that party's candidates.