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MAVERICK [17]
2 years ago
8

According to growth accounting studies, the most important factor in economic growth is Group of answer choices education. Inves

tment in physical capital. technology.
Business
1 answer:
koban [17]2 years ago
6 0

The most important factor in economic growth is considered to be <u>technology. </u>

<h3>Why is technology considered important?</h3>

Technology is important to the growth of an economy because it decides just how much a nation produces.

The higher the technology quality, the higher the nation's production and therefore its economic growth. This is why it is considered to be the most important factor for economic growth.

Find out more on the role of technology in the economy at brainly.com/question/516165.

#SPJ1

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The number of units that must be sold for the total revenue to equal the total cost is called the ____ quantity.
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The breakeven stabilization intersect quantity is the number of units that must be sold for the entire income to equal the total cost.

<h3>What is total income?</h3>

Total revenue is the overall sum of money received by a business through the sale of its products and services. Based on demand and price, it measures how successfully a company is generating revenue from its main operations.

Revenue is referred to as the money made by a company's main operations. It appears at the top of an income statement and is frequently referred to as the "top line. According to accounting standards, net income is defined as total revenue less total expenses for any given period.

To learn more about total income visit:

brainly.com/question/13000391

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