Answer: D. Personal Computer
Which of the following is an example of technological change?
A. Filet Mignon
B. Starbucks
C. Nike
D. Personal Computer
Economics
You might also like to view...
Which statement holds true in the post-World War II era?
(a) There was a permanent increase in the percentage of working adult women with children. (b) Firms found it most profitable to treat women as individuals rather than groups. (c) Marriage bars returned. (d) Female participation in farming, common labor and craft work in the U.S. increased significantly.
Economics
For a monopolist:
A. price equals average total cost. B. price is above marginal revenue. C. marginal revenue equals zero. D. marginal cost equals zero.
Economics
Traveler's check are
A. part of M1 but not M2. B. not part of M1 or M2. C. part of M2 but not M1. D. part of M1 and M2.
Economics
Consider the following statements:
a. Soda drinkers purchase more soda from a grocery store that sells soda at a lower price than other rival grocery stores in the area. b. Homeowners do not take steps to increase security even though they believe it is more costly to allow burglaries than to install security monitoring equipment. c. Manufacturers produce less of a particular cell phone when its selling price rises. Which of the above statements demonstrates that economic agents respond to incentives? A) a only. B) b only. C) c only. D) a and b. E) a, b, and c.
Economics