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It doesn't, it use to much of it, think of all these websites, there run in a database, and it takes allot to run all those websites in just one database.
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∙ 13y ago
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Why does an advance in technology increase supply?
because labor's or capital's productivity increases and costs of production fall
How do technology change supply?
It changes supply by how much is bought. The more technology that is bought, the less supply there is. The less that is bought, the more supply there is.
An improvement in technology is a factor that influences?
supply
What leads to technology?
an increase to efficiency
What is a negative outcome of the technology of vertical farming?
increased food supply
What are the other causes of an increase in supply?
improved technology
Which factor might cause an increase in the supply of a product?
the introduction of new technology
When quantity supplied and quantity demanded increase due to improved technology what happens?
An increase in technology will cause a shift in supply curve due to lowered production costs. This increased supply will put downward pressure on prices, driving up quantity demanded.
What happens to supply when technology improves?
when technology improves, PPC (production possibility curve ) will shift rightward and the total production in an economy will increase.
Why does an advance in technology increase supply?
because labor's or capital's productivity increases and costs of production fall
What is the factor that supply curve to shift right?
A increase in supply will be because of an: Increase in technology, change in production climates (positive change), cost of production decrease or increase in number of producers,changes in the prices of other goods and services, subsides.
What describes a situation in which the price of a good fall?
A new technology allows producers to increase supply very quickly.
What describes a situation which the price of a good would rise?
A new technology allows producers to increase supply very quickly
What describes a situation in which the price of a commodity would fall?
A new technology allows producers to increase supply very quickly.
What is Increase Supply?
Increase Supply means to have more of a specific supply on hand.
How do technology change supply?
It changes supply by how much is bought. The more technology that is bought, the less supply there is. The less that is bought, the more supply there is.
What are factors affecting supply curve?
A change in supply (a shift in the supply curve) occurs whenever some factor that affects the supply of the good, other than its price, changes. Such variables include:1. Prices of productive resources. A rise (fall) in the prices of resources shifts the supply curve leftward (rightward).2. An increase in technology shifts the supply curve rightward.3. An increase (decrease) in the number of suppliersshifts the supply curve rightward (leftward).4. Prices of other goods produced, which have two possible relationships:a) When the price of a substitute in production rises (falls), the supply curve for the good shifts leftward (rightward).b) A rise (fall) in the price of a complement in production shifts the supply curve rightward (leftward).5. If the expected future price of the product rises (falls), the supply curve in the present period shifts leftward (rightward).A change in supply also affects the price and quantity of the product.1. An increase in supply (a shift rightward of the supply curve) causes the price to fall and the quantity to increase.2. A decrease in supply (a shift leftward in the supply curve) causes the price to rise and the quantity to decrease
