Solved

Technology Is Defined in Economics as

Question 2

Multiple Choice

Technology is defined in economics as


A) output beyond the production possibilities boundary.
B) the utilization of the most advanced machinery.
C) society's pool of applied knowledge concerning how goods and services can be produced.
D) the most advanced computer hardware and software.

Correct Answer:

verifed

Verified

Related Questions

Q1: Figure 2-1 Figure 2-1 </p></div><svg width=

Q3: In the language of economics,"technology" is defined

Q4: Which of the following is NOT an

Q5: Figure 2-1 Figure 2-1 </p></div><svg width=

Q6: Figure 2-1 Figure 2-1 </p></div><svg width=

Q7: Figure 2-1 Figure 2-1 </p></div><svg width=

Q8: A production possibilities curve represents
A)combinations of goods

Q9: Figure 2-2 Figure 2-2 </p></div><svg width=

Q10: Figure 2-2 Figure 2-2 </p></div><svg width=

Q11: Figure 2-2 Figure 2-2 </p></div><svg width=

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents