Process of Automation, Automation is the process of: (1) adapting equipment which is

Process of Automation

Automation is the process of: (1) adapting equipment which is safer for workers to operate. (2) kinetic engineering which smoothes flows of work on an assembly line. (3) scientific management of robotic factories. (4) substituting sophisticated machinery for human labor. (5) making sure against industrial sabotage.

Please choose the right answer from above...I want your suggestion for the same.

View Complete Question

Related Questions in Managerial Economics

Q : Evan J Douglass definition of

What is the Evan J Douglas’s definition of Managerial economics?

Q : Illustrates fundamental characters of

Illustrates the fundamental characters of human existence given by Lionel Robbins?

Q : Extension/contraction and shift in

Differentiate between extension/contraction and shift in demand?

Q : Competitive Market Supplies of Labor

The supply curve of labor which confronts a large but purely competitive industry is usually: (1) horizontal. (2) positively sloped. (3) backward bending. (4) vertical. (5) negatively sloped. Can a

Q : Technological changes with machinery

Technological changes which replace workers along with machinery are termed as: (1) homeostasis. (2) nanotechnology. (3) automation. (4) featherbedding. (5) solipsism. How can I solve my Economics problem? Please s

Q : What are the responsibilities of

What are the responsibilities of managerial economists?

Q : Illustrates the real concept briefly

Illustrates the real concept briefly?

Q : Bend backward labor supplies Labor

Labor supply curves “bend backward” within response to overwhelmingly powerful: (i) marginal effort effects. (ii) income effects. (iii) wealth effects. (iv) derived supply effects. (v) substitution effects.

Q : Explain the money cost concept briefly

Explain the money cost concept briefly.

Q : Elasticity of supply of labor by

If the wage rate increases from $10 per hour to $25 per hour, then the elasticity of the supply of labor from this worker is roughly: (1) zero. (2) 7/15. (3) one. (4) minus 8/15.

Discover Q & A

Leading Solution Library

Avail More Than 1456612 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads

No hassle, Instant Access

Start Discovering

18,76,764

1934526
Asked

3,689

Active Tutors

1456612

Questions
Answered

Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!

Submit Assignment