Which of the Following Is Not a Source of Technological

question 230

Multiple Choice

Which of the following is not a source of technological advancement for a producer?

• A)better trained workers
• B)more efficient physical capital
• C)higher skill level of managers
• D)outsourcing some aspect of production

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Definitions:

Supply Curve

A graphical representation showing the relationship between the price of a good and the amount of it that producers are willing to supply.

Bond Rating Agencies

Independent firms that assess the creditworthiness of both debt securities and their issuers.

Restrictive Covenants

Clauses in contracts that restrict certain actions of the parties involved to protect business interests.

Default Risk

The likelihood that a borrower will be unable to make required debt payments.