What is the best definition of technology? o technology is replacing human workers with mechanical or electronic devices. technology is applying scientific knowledge to find answers and fix problems. technology is using fewer resources to manufacture goods more efficiently. technology is hiring workers from all over the world to manufacture goods.

True or false: it is generally better to concentrate your exercise time on the weekends only for maximum aerobic benefit.

Opportunity cost is calculated by which of the following? a. adding the value of all lost opportunities. b. subtracting all costs from the total benefit. c. calculating the cost of time, energy, and sacrifice. d. finding the value of the best option that is not chosen.

Draw, label and explain the circular flow model (cfm). include the following: firms, households, product market, and factor (or resource) market.who owns the productive resources? what are those resources? what payment does each type of resource earn? explain the two markets in the cfm and explain the roles that firms and household each play in the cfm.