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Advances in production such as new technology can do which to a good?
Wiki User
∙ 11y ago
transform it from an expensive luxury to a mid-priced good.
Wiki User
∙ 11y ago
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Is nano technology a latest technology?
It is a fairly new technology.
What does novel technology mean?
New technology
Why might entrepeneurs be particularly good at putting technology to innovative use?
Entrepreneurs are by definition innovators and risk takers. They are most likely to look at a new technology and think of ways that it can be used or applied to make a new business or relaunch or improve an existing business. Often someone who creates a technology does so to solve a specific need or problem. Entrepreneurs are likely to find new applications for the technology.
Is it a certainty that a company will lose out on new opportunities if it does not keep up with new technology?
Depends on the business and technology, of course they have to match. But in the information technology case, it IS a certainly for what business doesn't deal with any information ? People tend to take advantage of new technology. New technology is designed to interact with other new technology. Yes a company will loose out unless they evolve with the times.
If an organization is planning to change a new system explain the New trends in information and communication technology?
If an organization is planning to change a new system explain the New trends in information and communication technology?
What was positive about the Industrial Revolution?
it created many new inventions and led to advances in technology, transportation, and more
Are science and technology close friends?
Very. Science is good stuff. Technology is applied science. == Technology makes science advance, and scientific research helps find new technology. It seems they advance hand in hand. Technology is the key to advances in science, which turns around and applies new science to create new technologies.
Products that are created to solve problems in new ways result from advances in?
technology
Products that are created to solve problems in new ways results from advances in?
technology
When there are advances in technology such as the personal computer how business productivity change?
The new technology can replace outdated, less efficient, machinery.
What are some true statements about the industrial revolution and capitalism?
(Nova-Net) New technology made production much more efficient.
How new advances in technology and knowledge about lactose intolerance be used to improve its diagnosis and treatment?
boobs
What is a logical prediction about the future of the US?
The United States will make new advances in Internet technology.
How can you reach beyond the production possibility frontier?
With the introduction of new technology and new resources will shift the production possibility frontier.
What does new technology generally do to production?
It lowers cost and increases supply.
How did technological advances in agriculture affect the industrial revolution?
They made it possible to produce goods more quickly and efficiently.
What Cause a production possibilities to move to the right?
new technology, new labor sources, new resources
