Technology and Economics — Quiz Answers

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1
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Producers can generate instant sales by using

A
forecasts.
B
websites.
C
devices.
D
patterns.
2
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How can the use of new technology in industry benefit workers?

A
Workers can identify economic emergencies.
B
Workers can gain new knowledge and skills.
C
Workers can react to economic change quickly.
D
Workers can make economic forecasts.
3

Which of these is an example of automation benefiting producers?

A
New machines allow a factory to produce goods using fewer workers.
B
New manufacturing plants open in areas where labor costs are cheaper.
C
New education is provided to workers to operate new machinery.
D
New shipping methods allow a producer to manufacture goods overseas.
4

How does the use of new technology in industry benefit producers more so than consumers?

A
Producers can purchase services online.
B
Producers can quickly transport global goods.
C
Producers can instantly contact companies.
D
Producers can buy goods 24 hours a day.
5

How does the use of new technology in industry benefit consumers more so than producers?

A
Consumers can allocate their resources wisely.
B
Consumers can use materials from anywhere.
C
Consumers can ship goods around the world.
D
Consumers have greater access to information.
6

Which of these is an example of automation benefiting producers?

A
New machines allow a factory to produce goods using fewer workers.
B
New shipping methods allow a producer to manufacture goods overseas.
C
New education is provided to workers to operate new machinery.
D
New manufacturing plants open in areas where labor costs are cheaper.
7

How does the use of new technology in industry benefit consumers more so than producers?

A
Consumers can allocate their resources wisely.
B
Consumers can ship goods around the world.
C
Consumers have greater access to information.
D
Consumers can use materials from anywhere.
9

How can the use of new technology in industry benefit workers?

A
Workers can gain new knowledge and skills.
B
Workers can identify economic emergencies.
C
Workers can make economic forecasts.
D
Workers can react to economic change quickly.

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