Question: Which of the following are economic resources? Recent flashcard sets. Has the relative price of coffee changed? It has given access to online banking and electronic pay. How has technology directly benefited consumers? Computer usage and Internet usage are seemingly unrelated. 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. The pharmaceutical industry has become less vital to the economy. How has technology affected the economy check all that apply to many. See economics resources examples. 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. Which statement accurately describes the Internet? Automation has had more of an impact in manufacturing.
Many employees are able to do their jobs from home. It has introduced new products, such as smartphones. As more and more people have used computers, Internet usage has increased. Other sets by this creator. Sets found in the same folder. The Internet was first used by astronauts on the International Space Station.
Social media also can help protest movements when videos and images go "_________. " Costs are rising higher and higher for courses offered online. It was introduced to and used by consumers beginning in the 1980s. It has increased employment opportunities. How has technology affected the economy check all that apply question. Draw Amy's new budget line. Competition to develop new products has had mostly positive effects. Economic Resources: In a given economy, firms usually produce goods and services by deploying various factors of production. Competition between companies has led to new products. The price of coffee is$2 a cup, and soda is $1 a can.
A) In words, what will their hypotheses be? The Internet was introduced and first used by consumers during the 1980s. Amy has $12 a week to spend on coffee and soda. The following are the benefits of technology in economics: - The advancement of the technology leads to the economic growth, means increasing the GDP. Social media and technology can change the way students think. It has increased the production and sale of goods around the world. The correct options to the given question are A. It was created for the military and later spread to consumers. Into the Information Age Flashcards. Capital, C. Human Capital, D. Land, F. Technology and H. Entrepreneurs. Usage of the Internet has outmatched the adoption of computers. Consumers can buy goods and services on the Internet. To learn more about the technology, refer to: Answer and Explanation: 1. Which statement does this graph support?
It is a closed system that offers limited access to information. Automation has been phased out of most factories. 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. How has technology affected the economy? Check all that apply. Robots have taken over some jobs in - Brainly.com. Learn about types of resources in economics and how these resources contribute to business success. The resources... See full answer below. The technology affected the economy in the following ways: (E).
Suppose that the price of soda remains at$1 a can but the price of coffee rises to $3 a cup. Therefore, options E and F are correct. Our experts can answer your tough homework and study a question Ask a question. Try it nowCreate an account. The Internet was created by the US Department of Defense for military purposes. What are the benefits of technology in economics? How has technology affected the economy check all that apply to foreign. Computers and robots can do jobs humans once did. The Internet has primarily affected entertainment, rather than politics or the economy. What are economic resources? It spreads entertainment and popular culture through social media. Students also viewed. Technology can make it difficult to create interpersonal connections. Online education is available only at the college level and not in high school. Technology leads to improvement in mobility of factors and increases the efficiency.
In 2015, an online petition started by a New York City construction worker resulted in increased funding of ________. If she buys 6 cans of soda, what is the maximum number of cups of coffee she can buy in a week? It has created the ability to purchase goods with the click of a button. Learn more about this topic: fromChapter 3 / Lesson 8. Young children have access to technology before they are in school. What are some ways technology has affected the economy? Check all that apply. Automation has been phased - Brainly.com. Many employees work from home using the Internet. In 2012, the Gallup Poll reported that only of American families owned their homes, the lowest percentage reported in a decade. Internet usage has declined even as the use of computers has increased. Recommended textbook solutions.
It has created brand-new industries. Check all that apply: A.