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Improvements in Technology Result in Falling Average Prices and Increasing

question 23

True/False

Improvements in technology result in falling average prices and increasing unemployment.


Definitions:

Market Share

The percentage of an industry's sales that a particular company controls, serving as an indicator of the company's size and competitiveness.

Trucking

The transportation of goods and materials by road using trucks.

Routes

Paths or methods chosen to deliver goods or services to consumers, which can also refer to the logistical pathways in supply chain management.

Organizational Culture

The shared values, beliefs, and norms that influence the way employees think, feel, and behave within an organization.

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