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    Exam 15: Technology, RD, and Efficiency
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    Process Innovation Leads to Technological Advance Because It
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Process Innovation Leads to Technological Advance Because It

Question 228

Question 228

Multiple Choice

Process innovation leads to technological advance because it


A) decreases total product.
B) increases average total costs.
C) decreases productive efficiency.
D) increases productive efficiency.

Correct Answer:

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