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Q: What new technology affects supply by?
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How do technology affect new product development?

Technology affects new product development in positive ways. This is because as new technology emerges, more products are developed for use.


Culture affects technology and technology affects culture?

true


How does technology affect bankers?

it affects them because they have to upgrade and new technology is popping up from everywhere like popcorn


What does new technology generally do to production?

It lowers cost and increases supply.


Which factor might cause an increase in the supply of a product?

the introduction of new technology


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.


How did Mesopotamians use technology tocontrol their water supply?

How did ancient Mesopotamian farmers use technology to control their water supply?”


How technology affects your lifestyle?

you get fat


Who is responsible for enforcing policy that affects the use of a technology?

Everyone in a supervisory position is responsible for enforcing policy that affects the use of a technology.


What are the affects of modern technology in your country?

new technology may creates unemployment in our country as for example people in an textile or manufacturig industry are being replaced by new type of machinery to fulfile their task very rapidly


What is the impact of technology to demand for goods and services?

The impact of demand for goods by technology actually lies within how it affects supply. Technology generally lowers the cost of production and increases efficiency, lowering unit costs for good production and thus increasing equilibrium demand. Additionally, secondary effects of technology may come from information: technology imparts information and dependency on those who use it, so they become used to new technology/methods and demand more of it in the future, discarding less efficient methods.


What affects gas prices?

Supply and demand.