Which of the following developments have the potential to significantly increase labour productivity and the standard of living?
A)the increased use of the Internet in selling products and services
B)expanded cell phone use
C)the lower cost and increased availability of mobile computers
D)improved education
E)all of the above

Question

Quizplus · Accepted Answer

All of the listed developments have the potential to increase labour productivity and the standard of living. The increased use of the internet in selling products and services allows for more efficient transactions and access to a wider customer base. Expanded cell phone use allows for easier communication and access to information. The lower cost and increased availability of mobile computers allows for greater flexibility in work and access to information. Improved education can lead to a more skilled and knowledgeable workforce. Collectively, these developments can have a significant impact on labour productivity and the standard of living.

Which of the Following Developments Have the Potential to Significantly