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Explanation: I did the assignment. The following are the benefits of technology in economics: - The advancement of the technology leads to the economic growth, means increasing the GDP. Young children have access to technology before they are in school. The pharmaceutical industry has become less vital to the economy. Question: Which of the following are economic resources? The city council is debating a plan to offer tax breaks to first-time home buyers in order to boost people to become homeowners. It was introduced to and used by consumers beginning in the 1980s. Into the Information Age Flashcards. Capital, C. Human Capital, D. Land, F. Technology and H. Entrepreneurs. Economic Resources: In a given economy, firms usually produce goods and services by deploying various factors of production.
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Learn about scarce resources economics. Other sets by this creator. In 2015, an online petition started by a New York City construction worker resulted in increased funding of ________. It is a closed system that offers limited access to information. It has created brand-new industries. Suppose that the price of soda remains at$1 a can but the price of coffee rises to $3 a cup.
Automation has had more of an impact in manufacturing. The Internet was created by the US Department of Defense for military purposes. Many employees work from home using the Internet. Technology can make it difficult to create interpersonal connections. It has created the ability to purchase goods with the click of a button. Which of the following are economic resources? Check all that apply: A. Labor B. Capital C. Human Capital D. Land E. Consumers F. Technology G. Money H. Entrepreneurs | Homework.Study.com. To learn more about the technology, refer to: The price of coffee is$2 a cup, and soda is $1 a can. What are the benefits of technology in economics? Usage of the Internet has outmatched the adoption of computers. Computers and robots can do jobs humans once did. Which statement accurately describes the Internet?
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Check all that apply: A. The technology affected the economy in the following ways: (E). It has increased the production and sale of goods around the world. Internet usage has declined even as the use of computers has increased. Consumers can purchase goods with the click of a button. Draw Amy's new budget line. Has the relative price of coffee changed? The correct options to the given question are A. What are economic resources? Since this plan costs the city tax revenues, they will continue to use it only if there is strong evidence that the rate of home ownership is increasing. Competition between companies has led to new products. How has technology affected the economy check all that apply to new. The Internet was introduced and first used by consumers during the 1980s.
Sets found in the same folder. Learn more about this topic: fromChapter 3 / Lesson 8. Our experts can answer your tough homework and study a question Ask a question. The price of such goods and services is usually the equilibrium price which is determined by taking an intersection of the demand curve and supply curve. They choose to adopt the plan on a 2-year trial basis and use the data they collect to make a decision about continuing the tax breaks. Students also viewed. Competition to develop new products has had mostly positive effects. Computer usage and Internet usage are seemingly unrelated. Costs are rising higher and higher for courses offered online. Automation has been phased out of most factories. The Internet has primarily affected entertainment, rather than politics or the economy. Answer and Explanation: 1. Consumers can buy goods and services on the Internet. How has technology affected the economy check all that apply here. Social media also can help protest movements when videos and images go "_________. "
How Has Technology Affected The Economy Check All That Apply To New
Which statement does this graph support? More time may be spent on using technology than on learning. How has technology affected the economy check all that apply to international. If she buys 6 cans of soda, what is the maximum number of cups of coffee she can buy in a week? Try it nowCreate an account. It spreads entertainment and popular culture through social media. In 2012, the Gallup Poll reported that only of American families owned their homes, the lowest percentage reported in a decade. Social media and technology can change the way students think.
A) In words, what will their hypotheses be? As more and more people have used computers, Internet usage has increased. It has introduced new products, such as smartphones. Learn about types of resources in economics and how these resources contribute to business success. Therefore, options E and F are correct. It has increased employment opportunities.
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Recent flashcard sets. Technology leads to improvement in mobility of factors and increases the efficiency. Use this information to work Problems 1 and 2. See economics resources examples.
Census data show that the ownership rate in one small city is even lower. It was created for the military and later spread to consumers. Amy has $12 a week to spend on coffee and soda. Recommended textbook solutions. It has given access to online banking and electronic pay.
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