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Answer the Question Using the Following Data,which Show All Available

question 102

Multiple Choice

Answer the question using the following data,which show all available techniques for producing 20 units of a particular commodity: $\begin{array}{c}\quad\quad\quad\quad\quad\quad\quad\text {Resource}\quad\quad\quad\quad\quad\text { Possible Production Techniques }\\\begin{array}{lll}\\\underline{\text {Resource}}\\ \text {Land}\\ \text {Labor}\\ \text {Capital}\\ \text {Entrepreneurial Ability}\end{array}\begin{array}{c}\\\underline{\text {Prices}}\\\$ 4\\3\\3\\2\end{array}\begin{array}{c}\\\quad\quad\quad\quad\quad\quad\quad\quad\quad\underline{\# 1} \\ \quad\quad\quad\quad\quad\quad\quad\quad\quad2 \\\quad\quad\quad\quad\quad\quad\quad\quad\quad1 \\\quad\quad\quad\quad\quad\quad\quad\quad\quad5 \\\quad\quad\quad\quad\quad\quad\quad\quad\quad3\end{array}\begin{array}{c}\\\underline{\# 2 }\\ 4 \\2 \\2 \\1\end{array}\begin{array}{c}\\\underline{\#3 }\\ 2 \\4 \\3 \\1\end{array}\begin{array}{c}\\\underline{\# 4 }\\ 4 \\1 \\1 \\4\end{array}\begin{array}{c}\\\underline{\# 5 }\\ 4 \\3 \\2 \\1\end{array}\end{array}$
Refer to the data.Assuming that the firm is motivated by self-interest and that the 20 units that can be produced with each technique can be sold for $2 per unit,the firm will:

Definitions:

Techno-ambiguity

The unclear or confusing relationship people have with technology, often related to its use or implications.

Techno-uncertainty

The unpredictability and instability in the workplace and society due to rapid technological change and innovation.

Techno-overload

The state of being overwhelmed by the amount of new technologies and information one is required to understand and manage.

Techno-stressor

Stress or pressure experienced due to the inability to cope with new technology or the overwhelming presence of technology in one's life.