Question

Technology can cause a drop in input costs. a. True b. False

Answer 1

Answer:

its true on E2020

Explanation:

Answer 2

True that technology can cause a drop in input cost. In a production process, there are three kinds of cost that called input cost, which are the direct material cost, direct labor cost, and overhead cost. Technology usage can make the production process more efficient by reducing labors included in the process. This condition leads to a cost reduction.