Choose the one alternative that best completes the statement or answers the question. 1) A firm has successfully adopted a positive technological change when 1) A) it produces less pollution in its production process. B) it sees an increase in worker productivity. C) it can pay its workers less yet increase its output. D) it can produce more output using the same inputs. 2) The difference between technology and technological change is that 2) A) technology is product-centered, that is, developing new products with our limited resources while technological change is process-centered in that it focuses on developing new production techniques. B) technology refers to the processes used by a firm to transform inputs into output while technological change is a change in a firm's ability to produce a given level of output with a given quantity of inputs. C) technology is carried out by firms producing physical goods but technological change is an intellectual exercise into seeking ways to improve production. D) technology involves the use of capital equipment while technological change requires the use of brain power. 3) The law of diminishing marginal returns states A) average total costs of production initially fall and after some point starts to rise at a decreasing rate as output increases. B) that at some point, adding more of a fixed input to a given amount of variable inputs will cause the marginal product of the variable input to decline. C) that at some point, adding more of a variable input to a given amount of a fixed input will cause the marginal product of the variable input to decline. D) that in the presence of a fixed factor, at some point average product of labour starts to fall as more and more variable inputs are added.