Multiple Choice
Improvements in technology provide benefits to:
A) consumers, through lower prices.
B) workers, although some jobs may be eliminated.
C) firms, through lower production costs.
D) all of the above.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q141: Labor is the _ that can be
Q142: A movement along the production possibilities curve
Q143: Government in the United States plays an
Q144: Government's role of protecting property rights is
Q145: The slope of a production possibilities curve
Q147: Use the following to answer question(s): <br>Exhibit:
Q148: Comparative advantage leads to producing at a:<br>A)
Q149: Which of the following is an example
Q150: The best example of an increase in
Q151: Economic resources used in the production process