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stealth61 [152]
2 years ago
5

The ________, which replaces workers with technology, is another cause of the changes in the job market.

Business
1 answer:
Allisa [31]2 years ago
7 0

The automation of the workplace, which replaces workers with technology, is another cause of the changes in the job market.

<h3><u>What is automation?</u></h3>
  • A broad range of technologies that minimize human involvement in operations are referred to as automating.
  • By predetermining decision criteria, subprocess linkages, and related actions — and embodying those predeterminations in computers – human intervention is decreased.
  • An industrial control system with tens of thousands of input measurements and output control signals can be automated, as can a thermostat controlling a boiler in a home.
  • The banking industry has also been impacted by automation. Control complexity can range from straightforward on-off control to sophisticated multivariable algorithms.

Automation is the use of a variety of tools and control systems, such as machinery, factory processes, boilers, and heat-treating ovens, as well as the activation of telephone networks and the steering and stabilization of ships, aircraft, and other applications and vehicles with a minimum of human intervention.

Know more about automation with the help of the given link:

brainly.com/question/28222698

#SPJ4

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Investors put up $520,000 to construct a building and purchase all the equipment for a new restaurant. The investors expect to e
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Total cost per week = $3600

The correct option is <u>C.$3,600</u>.

<u>Explanation</u>:

<em><u>Given</u></em>:

Cost for constructing and purchasing the equipment for restaurant = $520,000

Minimum return = 10% of investment

Restaurant is opened = 52 weeks per year

No. of meals = 900 meals/per week

Cost of meal = $5

Expense for material and electricity= $600

Expense for weekly wages = $1000

Fixed cost per week = ([520,000(.10)]/52) + 1000 = 2000

Variable cost = 1000 + 600 = 1600

Total cost = Fixed cost per week + Variable cost

                  = 2000+1600 = 3600.

Total cost per week = $3600

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