34.2k views
3 votes
What term refers to the process used to produce a good or service, such as using a robotic device to assemble cars? open opportunity technology the gross domestic product the profit motive?

User Nirup Iyer
by
8.4k points

1 Answer

2 votes

Open Opportunity means the opportunity available for the business.

Technology refers to the process used to produce a good or service.

Gross domestic product means the total amount of goods or services produced in a country during a year.

The profit motive is the goal of maximization of profits.

Hence, the term that refers to the process used to produce a good or service, such as using a robotic device to assemble cars is Technology.









User Panoptik
by
7.4k points