Question

According to Brynjolfsson and McAfee (2014), Tyler Cowen think that information and communication technology is not a general purpose technology because it does not contribute to the generation of revenue. a. True b. False

Answer 1

Answer:

False

Explanation:

According to these philosophers, these integrated systems have lowered the cost of the products and this lower cost has enabled companies to quote lower prices to win greater revenues from increased number of sales.