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It is a network of millions of computers connected to each other. Young children have access to technology before they are in school. Computer usage and Internet usage are seemingly unrelated. The price of coffee is$2 a cup, and soda is $1 a can. Consumers can buy goods and services on the Internet. Recommended textbook solutions. Into the Information Age Flashcards. Suppose that the price of soda remains at$1 a can but the price of coffee rises to $3 a cup. Costs are rising higher and higher for courses offered online. Become a member and unlock all Study Answers. How has technology directly benefited consumers?
Students also viewed. A) In words, what will their hypotheses be? It has increased the production and sale of goods around the world. Question: Which of the following are economic resources? Competition between companies has led to new products.
Internet usage has declined even as the use of computers has increased. The resources... See full answer below. It has increased employment opportunities. Technology leads to improvement in mobility of factors and increases the efficiency. Social media and technology can change the way students think. Many employees work from home using the Internet. 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. It has created the ability to purchase goods with the click of a button. It was created for the military and later spread to consumers. 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. Other sets by this creator. It spreads entertainment and popular culture through social media. It was introduced to and used by consumers beginning in the 1980s.
The pharmaceutical industry has become less vital to the economy. Use this information to work Problems 1 and 2. Learn about scarce resources economics. Consumers can purchase goods with the click of a button.
Capital, C. Human Capital, D. Land, F. Technology and H. Entrepreneurs. Sets found in the same folder. As more and more people have used computers, Internet usage has increased. It has introduced new products, such as smartphones. Computers and robots can do jobs humans once did. Learn more about this topic: fromChapter 3 / Lesson 8. If she buys 6 cans of soda, what is the maximum number of cups of coffee she can buy in a week? Census data show that the ownership rate in one small city is even lower. Has the relative price of coffee changed? What are economic resources? How has technology affected the economy check all that apply these terms. Technology can make it difficult to create interpersonal connections. Answer and Explanation: 1. Which statement does this graph support?
More time may be spent on using technology than on learning. Automation has had more of an impact in manufacturing. Automation has been phased out of most factories. Explanation: I did the assignment. 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.