The Use of Microchip Applications May Have a Bigger Effect

question 35

Multiple Choice

The use of microchip applications may have a bigger effect than continuous-process automation because

• A)a much wider range of products may be affected.
• B)microchips are cheap to produce.
• C)microchips are small.
• D)continuous-process automation requires electric power.
• E)continuous-process automation does not displace workers.

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Definitions:

Exchange Rate

The value of one currency for the purpose of conversion to another. It indicates how much of one currency can be exchanged for another currency.

Risk

Risk refers to the potential of losing some or all of an investment due to various factors such as economic changes, market volatility, or company performance.

Business Transaction

An economic event or activity that changes a company's financial position or earnings, often involving exchanges of value.

Gain

Gain refers to an increase in the value of an investment or asset, resulting in a financial profit when the asset is sold or valued.