Question

What are the costs and benefits of technology in allowing us to travel?

Answer 1

Answer:

Cost:

The cost of production goes down, and consumers will demand more of the product at lower prices.

Benefits:

Technology allows you to stay connected with the world while you are travelling. If you cannot take time off work then you can work from a remote location. Apart from that, you can keep in touch with loved ones. It makes travelling to foreign land safer as people will know where you are.

Answer 2

Answer:

If the price goes down, there is more demand since it is cheaper and more accessible to people.