8. The terminology of technological advancement The discovery of a product or process is called invention...

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8. The terminology of technological advancement The discovery of a product or process is called invention Charles, the president of a company that makes electronic devices, borrows a large sum of money from the local bank to purchase new, automated technology to make a new series of laptop computers. This new generation of laptops is expected to drive desktop computers out of the market. As depicted in the above scenario, which of the following is an example of investment? Desktop computers becoming obsolete due to the introduction of this new series of laptops The new automated technology used to create the laptops O The purchase of new technology used to make the new series of laptops 8. The terminology of technological advancement The discovery of a product or process is called invention Charles, the president of a company that makes electronic devices, borrows a large sum of money from the local bank to purchase new, automated technology to make a new series of laptop computers. This new generation of laptops is expected to drive desktop computers out of the market. As depicted in the above scenario, which of the following is an example of investment? Desktop computers becoming obsolete due to the introduction of this new series of laptops The new automated technology used to create the laptops O The purchase of new technology used to make the new series of laptops

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Step 12 1 Invention The discovery of a product or a ... View the full answer