Which statement accurately describes the Internet? Other sets by this creator. What are the benefits of technology in economics? How has technology directly benefited consumers? To learn more about the technology, refer to: Try it nowCreate an account.
A) In words, what will their hypotheses be? Competition between companies has led to new products. The correct options to the given question are A. Census data show that the ownership rate in one small city is even lower. Computer usage and Internet usage are seemingly unrelated.
It has increased employment opportunities. Check all that apply: A. More time may be spent on using technology than on learning. In 2012, the Gallup Poll reported that only of American families owned their homes, the lowest percentage reported in a decade. It has created the ability to purchase goods with the click of a button.
Which statement does this graph support? Sets found in the same folder. The Internet was first used by astronauts on the International Space Station. Draw Amy's new budget line. Become a member and unlock all Study Answers. Explanation: I did the assignment. How has technology affected the economy? Check all that apply. Robots have taken over some jobs in - Brainly.com. Suppose that the price of soda remains at$1 a can but the price of coffee rises to $3 a cup. Our experts can answer your tough homework and study a question Ask a question. See economics resources examples. Learn about types of resources in economics and how these resources contribute to business success.
Technology leads to improvement in mobility of factors and increases the efficiency. Internet usage has declined even as the use of computers has increased. The city council is debating a plan to offer tax breaks to first-time home buyers in order to boost people to become homeowners. Computers and robots can do jobs humans once did. It was introduced to and used by consumers beginning in the 1980s. The technology affected the economy in the following ways: (E). The resources... How has technology affected the economy check all that apply to public. See full answer below.
It has introduced new products, such as smartphones. How has technology affected the economy check all that apply to many. Learn about scarce resources economics. 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. It is a network of millions of computers connected to each other. The following are the benefits of technology in economics: - The advancement of the technology leads to the economic growth, means increasing the GDP.
Learn more about this topic: fromChapter 3 / Lesson 8. Consumers can purchase goods with the click of a button. It is a closed system that offers limited access to information. The pharmaceutical industry has become less vital to the economy.
Capital, C. Human Capital, D. Land, F. Technology and H. Entrepreneurs. Question: Which of the following are economic resources? The Internet has primarily affected entertainment, rather than politics or the economy. How has technology affected the economy check all that apply carbohydrates. Has the relative price of coffee changed? What are economic resources? Answer and Explanation: 1. As more and more people have used computers, Internet usage has increased. Consumers can buy goods and services on the Internet. The price of coffee is$2 a cup, and soda is $1 a can. Social media and technology can change the way students think. Many employees work from home using the Internet. Many employees are able to do their jobs from home. Competition to develop new products has had mostly positive effects.
Automation has had more of an impact in manufacturing.