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Suppose that the price of soda remains at$1 a can but the price of coffee rises to $3 a cup. What are the benefits of technology in economics? It spreads entertainment and popular culture through social media. How has technology directly benefited consumers? The Internet was created by the US Department of Defense for military purposes.

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It is a network of millions of computers connected to each other. It was created for the military and later spread to consumers. It has introduced new products, such as smartphones. Social media also can help protest movements when videos and images go "_________. "

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Many employees work from home using the Internet. Check all that apply: A. Learn about scarce resources economics. See economics resources examples. The resources... See full answer below. Become a member and unlock all Study Answers. Other sets by this creator. Draw Amy's new budget line. Try it nowCreate an account. How has technology affected the economy check all that apply for credit card. It has increased employment opportunities. More time may be spent on using technology than on learning. Recommended textbook solutions. Learn more about this topic: fromChapter 3 / Lesson 8.

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The technology affected the economy in the following ways: (E). In 2015, an online petition started by a New York City construction worker resulted in increased funding of ________. Therefore, options E and F are correct. Young children have access to technology before they are in school. Technology can make it difficult to create interpersonal connections. Census data show that the ownership rate in one small city is even lower. Internet usage has declined even as the use of computers has increased. 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. Terms in this set (13).

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What are economic resources? Use this information to work Problems 1 and 2. Capital, C. Human Capital, D. Land, F. Technology and H. Entrepreneurs. Our experts can answer your tough homework and study a question Ask a question. The price of coffee is$2 a cup, and soda is $1 a can.

It has created the ability to purchase goods with the click of a button. Answer and Explanation: 1. Automation has been phased out of most factories. It has given access to online banking and electronic pay. If she buys 6 cans of soda, what is the maximum number of cups of coffee she can buy in a week? The Internet was introduced and first used by consumers during the 1980s. Recent flashcard sets. What are some ways technology has affected the economy? Check all that apply. Automation has been phased - Brainly.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. Economic Resources: In a given economy, firms usually produce goods and services by deploying various factors of production.

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