Technological Advance Improves Productive Efficiency by

question 225

Multiple Choice

Technological advance improves productive efficiency by

• A) lowering average total cost.
• B) increasing marginal utility.
• C) enhancing monopoly power.
• D) giving society a more-preferred mix of goods and services.

---

Definitions:

Effortless Movement

The ability to perform physical actions smoothly and with ease, typically resulting from practice or innate talent.

Natural

Pertaining to that which is derived from the natural world, not made or caused by humans.

Humanistic Approach

A psychological perspective emphasizing individual potential for growth and the importance of self-actualization and personal fulfillment.

Psychotherapy Practices

The various techniques and methods used by therapists to treat mental health issues and improve psychological well-being.