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:

Trust

A fiduciary relationship in which one party, known as a trustee, holds the right to manage property or assets for the benefit of another party, the beneficiary.

Testamentary Capacity

The legal and mental ability of a person to make or alter a valid will.

Oral Declaration

A statement or assertion made verbally rather than in writing, often legally significant if witnessed.

Uniform Premarital Agreement Act

A set of laws adopted by some states that provides a consistent legal framework for the content and enforcement of prenuptial agreements.