Question

In: Economics

One of the major developments in late 20th and early 21st century is the IT revolution...

One of the major developments in late 20th and early 21st century is the IT revolution (emergence of computers and internet). Based on your knowledge as the word citizen (which means you don’t need to know any specific technological knowledge), describe how you think the IT Revolution did affect the cost curves of a typical company, in a sector you choose. Explain your view.

Solutions

Expert Solution


Related Solutions

Compare and contrast the second industrial revolution (late nineteenth century to the early twentieth century) to the first industrial revolution (late eighteenth century to the early nineteenth century)
Compare and contrast the second industrial revolution (late nineteenth century to the early twentieth century) to the first industrial revolution (late eighteenth century to the early nineteenth century).    
Summarize on current marketing developments in various industries for the 21st century.
Summarize on current marketing developments in various industries for the 21st century.
The paradox of thrift is an idea that was popularized by the early 20th century economist...
The paradox of thrift is an idea that was popularized by the early 20th century economist John Maynard Keynes. It says that when individuals try to save more (such as during uncertain economic times), it will lead to a fall in aggregate demand and hence in income. Keynes was arguing that what seems to be a good idea – i.e. thrift – produces a bad outcome – i.e. a fall in income. -Using the equation describing goods market equilibrium, explain...
In the early part of the 20th century, Niels Bohr proposed a model for the hydrogen...
In the early part of the 20th century, Niels Bohr proposed a model for the hydrogen atom that explained the experimentally observed emission spectrum for hydrogen. a. List and describe two of the assumptions that Bohr made in his model for the hydrogen atom. b. List and describe two limitations of the Bohr mode
There was much progress in nursing during the early to middle part of the 20th century...
There was much progress in nursing during the early to middle part of the 20th century (1900 through the late 1930s). After reading the textbook and the lesson for this week, describe one area of change in nursing during that time period that intrigues you. Discuss how that area could be applied today. No screenshots. Please type the answer.
Summarize the trends in life expectancy in the U.S. from the early 20th century into the...
Summarize the trends in life expectancy in the U.S. from the early 20th century into the 21st century. Be detailed and specific in your answer
The mid- to late 20th century was filled with amazing changes and events in professional nursing....
The mid- to late 20th century was filled with amazing changes and events in professional nursing. Select one of these changes or events, describe it, and explain how that change or event has impacted quality of nursing practice today.
20th and 21st century efforts to address issues about the environment,energy, and human health ( BP...
20th and 21st century efforts to address issues about the environment,energy, and human health ( BP oil spill, Love Canal Disaster, etc)
Explain Three reforms in the US made by the progressive movement of the early 20th century
Explain Three reforms in the US made by the progressive movement of the early 20th century
discuss the economic tensions and historical processes in the late 19th and early 20th centuries.
discuss the economic tensions and historical processes in the late 19th and early 20th centuries.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT