Krugman's Economics For The Ap® Course
3rd Edition
ISBN: 9781319113278
Author: David Anderson, Margaret Ray
Publisher: Worth Publishers
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Question
Chapter 6R, Problem 3CTQ
a.
To determine
The job that would increase the
a.
Expert Solution
Explanation of Solution
Information n technology is one of the advanced technology where information is available in abundance but analysis of the information is required to be done. This will increase the demand for skilled labor to ensure growth in existing industries. IT is required in every field of life.
Economics Concept Introduction
Technological advancement: Technological advancement refers to the situation where there is an up gradation in the technologies and applied sciences so that it becomes very efficient to complete any task.
b.
To determine
The technology that would decrease the demand for workers in existing industries.
b.
Expert Solution
Explanation of Solution
Artificial intelligence will reduce the demand for humans or workers as the company will be dependent on technology for performing analytical tasks. This will reduce the demand for labor.
Economics Concept Introduction
Technological advancement: Technological advancement refers to the situation where there is an up gradation in the technologies and applied sciences so that it becomes very efficient to complete any task.
c.
To determine
The technology that can create new industries with a large number of employees.
c.
Expert Solution
Explanation of Solution
Virtual assistance is one of the technologies that can create a new industry that provides technical assistance to companies that possess less information. This will require skilled talent to ensure effective virtual assistance.
Economics Concept Introduction
Technological advancement: Technological advancement refers to the situation where there is an up gradation in the technologies and applied sciences so that it becomes very efficient to complete any task.
Chapter 6R Solutions
Krugman's Economics For The Ap® Course
Ch. 6R - Prob. 1MCQCh. 6R - Prob. 2MCQCh. 6R - Prob. 3MCQCh. 6R - Prob. 4MCQCh. 6R - Prob. 5MCQCh. 6R - Prob. 6MCQCh. 6R - Prob. 7MCQCh. 6R - Prob. 8MCQCh. 6R - Prob. 9MCQCh. 6R - Prob. 10MCQ
Ch. 6R - Prob. 11MCQCh. 6R - Prob. 12MCQCh. 6R - Prob. 13MCQCh. 6R - Prob. 14MCQCh. 6R - Prob. 15MCQCh. 6R - Prob. 16MCQCh. 6R - Prob. 17MCQCh. 6R - Prob. 18MCQCh. 6R - Prob. 19MCQCh. 6R - Prob. 20MCQCh. 6R - Prob. 21MCQCh. 6R - Prob. 22MCQCh. 6R - Prob. 23MCQCh. 6R - Prob. 24MCQCh. 6R - Prob. 25MCQCh. 6R - Prob. 1FRQCh. 6R - Prob. 2FRQCh. 6R - Prob. 3FRQCh. 6R - Prob. 1CTQCh. 6R - Prob. 3CTQ
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