In the simple production model developed in lectures, a production In the simple production model developed in lectures, a production technology A is said to be dominated by another production technology B, if:Select one:production technology A produces less output than production technology B. production technology A will generate less revenue for the firm than production technology B. production technology A costs less than production technology B. production technology A uses more of both of the inputs than production technology B. Business EconomicsECONS 101
