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Social media also can help protest movements when videos and images go "_________. " Has the relative price of coffee changed? What are the benefits of technology in economics? Young children have access to technology before they are in school. It was created for the military and later spread to consumers.
Amy has $12 a week to spend on coffee and soda. The Internet was first used by astronauts on the International Space Station. The correct options to the given question are A. Competition between companies has led to new products. Recent flashcard sets. The following are the benefits of technology in economics: - The advancement of the technology leads to the economic growth, means increasing the GDP. Answer and Explanation: 1. Online education is available only at the college level and not in high school. Learn about types of resources in economics and how these resources contribute to business success. How has technology affected the economy check all that apply to small. Technology can make it difficult to create interpersonal connections. Our experts can answer your tough homework and study a question Ask a question.
If she buys 6 cans of soda, what is the maximum number of cups of coffee she can buy in a week? Learn about scarce resources economics. The Internet was created by the US Department of Defense for military purposes. Other sets by this creator. How has technology affected the economy check all that apply letrs. It spreads entertainment and popular culture through social media. Computer usage and Internet usage are seemingly unrelated. Suppose that the price of soda remains at$1 a can but the price of coffee rises to $3 a cup. The pharmaceutical industry has become less vital to the economy. 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. As more and more people have used computers, Internet usage has increased. Explanation: I did the assignment.
Competition to develop new products has had mostly positive effects. Recommended textbook solutions. Automation has been phased out of most factories. The city council is debating a plan to offer tax breaks to first-time home buyers in order to boost people to become homeowners. How has technology affected the economy? Check all that apply. Robots have taken over some jobs in - Brainly.com. Economic Resources: In a given economy, firms usually produce goods and services by deploying various factors of production. Technology leads to improvement in mobility of factors and increases the efficiency.
It has created brand-new industries. The Internet has primarily affected entertainment, rather than politics or the economy. Terms in this set (13). It has created the ability to purchase goods with the click of a button. It has increased employment opportunities. It is a closed system that offers limited access to information. It has given access to online banking and electronic pay. Use this information to work Problems 1 and 2. In 2012, the Gallup Poll reported that only of American families owned their homes, the lowest percentage reported in a decade. 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. Many employees are able to do their jobs from home. It has increased the production and sale of goods around the world. 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. Which statement accurately describes the Internet? The price of coffee is$2 a cup, and soda is $1 a can.
Consumers can purchase goods with the click of a button. A) In words, what will their hypotheses be?