Broadly Defined, Technological Advance

question 126

Multiple Choice

Broadly defined, technological advance

• A) can occur in the short run, long run, or very long run.
• B) comprises new and improved goods and services and/or new and improved ways of producing or distributing them.
• C) includes invention but not innovation or diffusion.
• D) includes product innovation but not process innovation.

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Definitions:

Blanching

A temporary whitening of the skin due to lack of blood flow, often used as a test for skin elasticity or capillary refill.

Transparent

Characterized by clarity and openness, allowing for visibility or understanding; often used figuratively to describe clear, honest communication.

External Fluids

The term may refer to bodily fluids in the external environment or fluids administered externally in medical treatments, but without a specific context, it's hard to provide a precise definition.

Hydrocolloid

A substance that forms a gel with water, used in dressings to promote healing in wounds by maintaining a moist environment.