How Does the Type of Technology a Firm Uses Affect

question 34

Essay

How does the type of technology a firm uses affect its decision of where to locate production?

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Definitions:

Excitability

The capability of a cell to respond to a stimulus, characteristic of nerve and muscle cells.

Nervous System

The nervous system is the network of nerve cells and fibers that transmits nerve impulses between parts of the body, coordinating bodily functions and responding to internal and external stimuli.

Stimulation

The action of applying a stimulus to a bodily part to produce a response, often used in a variety of contexts from physical to mental stimulation.

Vasoconstriction

The narrowing of blood vessels, which increases blood pressure and decreases blood flow to certain parts of the body.