Amazoncom's Purchase of Kiva Systems,intending to Use Its Robots in Warehouses.This

question 32

Multiple Choice

Amazon.com's purchase of Kiva Systems,intending to use its robots in warehouses.This is an example of

• A) neutral technical change.
• B) labor-saving technical change.
• C) division of labor.
• D) economies of scale.

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Definitions:

Hypothesis

A proposed explanation for a phenomenon, set forth as a starting point for further investigation.

Post Hoc

Short for "post hoc ergo propter hoc," a logical fallacy that assumes a cause and effect relationship simply because one event followed another.

Deception Studies

The scientific investigation into the methods, motives, and effects of deception on human behavior.

Hindsight Bias

The tendency to view past events as being more predictable than they truly were after they have already occurred.