Advertisements
Advertisements
प्रश्न
Statement 1: Producers benefit from improved and advance technology.
Statement 2: Improved technology reduces the cost of production.
पर्याय
Statement 1 is true and Statement 2 is false.
Statement 1 is false and Statement 2 is true.
Both statements 1 and 2 are true.
Both statements 1 and 2 are false.
MCQ
Advertisements
उत्तर
Both statements 1 and 2 are true.
Explanation:
- Statement 1: Producers benefit directly from technological advances since better procedures make production faster, more reliable, and more efficient.
- Statement 2: Advanced technology reduces the per-unit cost for production by reducing resource waste, increasing labour productivity, and lowering operating expenses.
shaalaa.com
या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
