Solved

Broadly Defined, Technological Advance

Question 71

Multiple Choice

Broadly defined, technological advance


A) can occur in the short run, long run, or very long run.
B) comprises new and improved goods and services and/or new and improved ways of producing or distributing them.
C) includes invention but not innovation or diffusion.
D) includes product innovation but not process innovation.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

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