impacts of innovation and technology
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What do you think are the most important determinants that impact the demand for the banking industry's product/service? What do you think are the most significant determinants that would impact the supply part of the banking industry?
What are the impacts of innovation and technology on the cost of
production?
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Solution Summary
Productions costs are examined in terms of impacts of innovation and technology.
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Banking industry's products and services depend on the amount of spare income that the people can muster to be invested in long term deposits and savings accounts. For regular accounts, it depends on the employment rate, as higher the number of people employed, higher is the demand for ...
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