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Paper 2Structured Questions4 marks
A new technology has been introduced in the manufacturing sector, leading to increased productivity.
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Impact of Technology on Production Factors
The introduction of new technology in manufacturing can lead to changes in how labor and capital are utilized. It may require workers to acquire new skills or lead to the reallocation of capital to more productive uses.
- a[4]
Explain how new technology can affect the mobility of factors of production.
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