ECONOMICS
TECHNOLOGY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Easier, faster devices are commonly owned.
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New methods of assembly are introduced.
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Demand for goods decreases.
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The price of goods is reduced.
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Detailed explanation-1: -Productivity can affect buying power By reducing unit labor cost increases, productivity growth reduces inflationary pressure on prices. Hourly wages can rise faster than prices, increasing buying power for workers and consumers.
Detailed explanation-2: -Expert-Verified Answer. The correct option to this question is A-wasted motion is eliminated. Assembly lines bring greater efficiency by eliminating wasted movements.
Detailed explanation-3: -For consumers, it provides a useful and convenient platform to buy an enlarged set of products and services from more vendors at presumably better prices. Consumers can use search engines and price comparison sites, which significantly reduce search costs, to find and compare many different offers for the same product.
Detailed explanation-4: -Track and limit how much time you’re spending on tasks. Take regular breaks. Set self-imposed deadlines. Follow the “two-minute rule.” Just say no to meetings. Hold standing meetings. Quit multitasking. Take advantage of your commute. More items •04-Feb-2015