Explain How Each of the Following Can Be Thought of as Technological

question 46

Essay

Explain how each of the following can be thought of as technological change, or if it cannot be thought of as technological change, explain why not.
(A) The introduction of a right shift
(B) An increase in the educational level of the population
(C) Specialization within a business
(D) A new invention that will make computers faster

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Definitions:

Expected Rate

In finance, it typically refers to the predicted average rate of return on an investment over a specified period.

Standard Deviation

A statistical measure that quantifies the amount of variability or dispersion of a set of data values around the mean (average).

Risk-Free Asset

A financial instrument that is considered to have no risk of financial loss and typically features a guaranteed rate of return, such as government bonds.

Standard Deviation

A measure of the amount of variation or dispersion in a set of values, showing how much each value in the set differs from the mean.