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Which of the following are examples of a firm experiencing a positive technological change?
a.A firm is able to reduce its inputs by 15 percent and still produce the same level of output.
b.A seminar attended by the firm's workers makes them more productive.
c.A firm adds 5 percent to its workforce and is able to maintain its initial level of output.
d.A firm restructures its distribution system and is able to save on its shipping times.
e.A firm rearranges its warehouse and finds that it can use fewer workers to maintain its productivity level.
Tax-exempt Investor
An individual or entity that is not required to pay taxes on certain income or investments.
High Dividend Payout
A high dividend payout refers to a situation where a company distributes a significant portion of its profits to shareholders in the form of dividends, often indicating a mature company with limited reinvestment opportunities.
Prefer
To prefer means to favor or choose something or someone over other options.
Current Income
The income generated from an investment or asset in the form of interest, dividends, or other earnings, typically over a year.
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