Which of the Following Is an Example of Positive Technological

question 26

Multiple Choice

Which of the following is an example of positive technological change?

• A)A firm offers workers a higher wage to work on weekends and at night. As a result, the firm is able to increase its weekly production of surf boards.
• B)A firm buys an additional machine that it uses to make surf boards. As a result, the firm is able to increase its weekly production of surf boards.
• C)A firm conducts a new advertising campaign. As a result, the demand for the firm's surf boards increases.
• D)A firm's workers participate in a training program designed to increase the number of surf boards they can produce per day.

---

Definitions:

Units

A measurement or quantity, especially in the context of production, sales, or accounting, representing a standard or specific amount of a product or service.

Sales Estimates

Forecasts of the quantity of a product or service a business expects to sell in a certain period, which is crucial for financial planning and inventory management.

Production Estimates

Projections or forecasts of the volume or quantity of goods that a company plans to manufacture in a given period.

Units

In the context of business, units refer to the individual items or quantities of a product or service that are produced or sold.