Technology Transition Large, Systemic Transitions to Greener Technology Remember when the world transitioned to using computers? • Issue - Requires a large retrofit investment with a slow initial payoff Issue- Technological change is incremental, the environment needs radical change
Technology Transition Large, Systemic Transitions to Greener Technology Remember when the world transitioned to using computers? • Issue - Requires a large retrofit investment with a slow initial payoff Issue- Technological change is incremental, the environment needs radical change
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
Related questions
Question
explain this slide in regards to a green economy in presentation format. i need about 2 minutes of information to explain this slide.
![Technology Transition
Large, Systemic Transitions to Greener Technology
Remember when the world transitioned to using computers?
•
Issue - Requires a large retrofit investment with a slow initial
payoff
Issue- Technological change is incremental, the environment needs
radical change](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F69a5f968-332a-43ef-aa50-b6f25212b0ec%2F735fb67f-f13b-4252-b761-3cc6d9987134%2Feloh6qn_processed.png&w=3840&q=75)
Transcribed Image Text:Technology Transition
Large, Systemic Transitions to Greener Technology
Remember when the world transitioned to using computers?
•
Issue - Requires a large retrofit investment with a slow initial
payoff
Issue- Technological change is incremental, the environment needs
radical change
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