Upper a fish farm raises salmon and trout. a fish farm raises salmon and trout. the marginal cost of producing each of these products increases as more is produced. draw the firm's ppf. label it ppf1. the fish farmfish farm adopts a new technology that allows it to use fewer resources to feed the salmonfeed the salmon. draw a ppf that shows the impact of the new technology. label it ppf2.
b.the new technology can replace outdated, less efficient, machinery.
See the answers in explanation.
Industrialization led to imperialism because the industrialized countries depend on the raw material which is present in other countries so these countries attack on those countries which provide them raw materials as well as market for selling the manufactured goods. The main cause of Spanish-American War was the inability of Spain over Cuba due to rebellions. The effect of Spanish-American War, the economy of america becomes better due to take control of many islands. Motivations of the United States to complete the Panama Canal because it make the US a world power due to control over the oceans. Government policies during World War I having good impact on the lives of citizens because more goods were provided by the US to other countries who were at war which better the economic condition of country as well as its citizen. Due to World War I minority groups were given the right of citizenship and also allowed to join the army.
When one looks at history new technology is always happening. Lets just look at the industrial revolution. If a society is new to the technology they might have no idea how to use it. Or may over populate the area because people want to be where the new technology is.
When there are advances in technology, such as the personal computer, the business productivity might change because the new technology can replace outdated, less efficient machinery. This means that with the new technologies the whole production process can be optimized, automated and be more efficient.
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