Which, if any, of the methods is technologically efficient? Four methods of completing a tax return and
Question:
Which, if any, of the methods is technologically efficient?
Four methods of completing a tax return and the time taken are: Using a laptop, 1 hour; a calculator, 12 hours; a calculator and paper and pen, 12 hours;
and a pen and paper, 16 hours. The laptop and its software cost $1,000, the calculator costs $10, and the pen and paper cost $1.
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Technological efficiency in simple terms is getting the most output from a given set of inputs In th...View the full answer
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