Technological Change Brings a ________ to Firms That Adopt the New

question 125

Multiple Choice

Technological change brings a ________ to firms that adopt the new technology.

• A) permanent economic profit
• B) temporary economic profit
• C) permanent economic loss
• D) temporary economic loss
• E) temporary normal profit

---

Definitions:

Business Running

The day-to-day operations and management of a business to ensure it functions efficiently and meets its goals.

Capital Equipment Assets

Long-term physical assets purchased for manufacturing, production, or other business operations.

Current Assets

Assets that are expected to be converted into cash, sold, or consumed within one year or within the normal operating cycle of a business.

Office Equipment

The machinery, tools, and furniture used in an office environment to facilitate work, such as computers, printers, and desks.