Question

What is​ technology? Technology is

A. the rate of economic depreciation.
B. the processes a firm uses to turn inputs into outputs of goods and services.
C. the​ highest-valued alternative that must be given up to engage in an activity.
D. the additional output a firm produces as a result of hiring one more input.
E. a change in the ability of the firm to produce a given level of output with a given quantity of inputs.

Answer 1

Letter B is correct

Step-by-step explanation:

Technology is an engineering science that a company can use to generate methods, processes, studies, and tools to create new, innovative goods and services. It is an extremely important and impactful science worldwide, through technology it is possible to innovate and improve processes and people's lives.