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How has technology directly benefited consumers? As more and more people have used computers, Internet usage has increased. Census data show that the ownership rate in one small city is even lower. 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. In 2012, the Gallup Poll reported that only of American families owned their homes, the lowest percentage reported in a decade. 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. If she buys 6 cans of soda, what is the maximum number of cups of coffee she can buy in a week?

How Has Technology Affected The Economy Check All That Apply To Labor

See economics resources examples. Learn about types of resources in economics and how these resources contribute to business success. Draw Amy's new budget line. Computer usage and Internet usage are seemingly unrelated. Students also viewed.

How Has Technology Affected The Economy Check All That Apply To Consumer

Many employees are able to do their jobs from home. Answer and Explanation: 1. Terms in this set (13).

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Social media also can help protest movements when videos and images go "_________. " It has created brand-new industries. Consumers can purchase goods with the click of a button. It was introduced to and used by consumers beginning in the 1980s. Sets found in the same folder. Competition between companies has led to new products. Recent flashcard sets. Has the relative price of coffee changed?

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Which statement does this graph support? A) In words, what will their hypotheses be? It spreads entertainment and popular culture through social media. 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. More time may be spent on using technology than on learning. How has technology affected the economy? Check all that apply. Robots have taken over some jobs in - Brainly.com. It is a closed system that offers limited access to information. Online education is available only at the college level and not in high school. The price of coffee is$2 a cup, and soda is $1 a can. Costs are rising higher and higher for courses offered online. It has introduced new products, such as smartphones.

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Capital, C. Human Capital, D. Land, F. Technology and H. Entrepreneurs. The Internet has primarily affected entertainment, rather than politics or the economy. Usage of the Internet has outmatched the adoption of computers. It has given access to online banking and electronic pay. It was created for the military and later spread to consumers. Which statement accurately describes the Internet? Learn more about this topic: fromChapter 3 / Lesson 8. How has technology affected the economy check all that apply to the new. Many employees work from home using the Internet. Consumers can buy goods and services on the Internet. The city council is debating a plan to offer tax breaks to first-time home buyers in order to boost people to become homeowners. 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. Therefore, options E and F are correct.

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Computers and robots can do jobs humans once did. In 2015, an online petition started by a New York City construction worker resulted in increased funding of ________. The Internet was first used by astronauts on the International Space Station. The pharmaceutical industry has become less vital to the economy. The resources... See full answer below. Learn about scarce resources economics. How has technology affected the economy check all that apply today. What are economic resources? Suppose that the price of soda remains at$1 a can but the price of coffee rises to $3 a cup.

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It has created the ability to purchase goods with the click of a button. The technology affected the economy in the following ways: (E). Economic Resources: In a given economy, firms usually produce goods and services by deploying various factors of production. It has increased the production and sale of goods around the world. The following are the benefits of technology in economics: - The advancement of the technology leads to the economic growth, means increasing the GDP. How has technology affected the economy check all that apply to international. Automation has had more of an impact in manufacturing. Technology can make it difficult to create interpersonal connections.

Amy has $12 a week to spend on coffee and soda. Question: Which of the following are economic resources? Internet usage has declined even as the use of computers has increased. What are some ways technology has affected the economy? Check all that apply. Automation has been phased - Brainly.com. Use this information to work Problems 1 and 2. Young children have access to technology before they are in school. Explanation: I did the assignment. Try it nowCreate an account. Recommended textbook solutions. Competition to develop new products has had mostly positive effects.

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