Question #f6b0f

1 Answer
Feb 29, 2016

Availability of it can increase speed and production, even quality. Unavailability of it can cause the opposite.

Explanation:

Technology is a part of capital - which is one of the factors in production. Capital refers to the trade that is used to make other products. The production can be faster if there are machineries available for the workers to utilize.

Simply, the better the technology, the better the production.