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justinw2200 justinw2200
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Posts: 328
A week ago

Question 1.

Describe how UPS has used positive technological change to improve its package handling and delivery schedule.



Question 2.

The relationship between the inputs employed by a firm and the maximum output that it can produce with those inputs is the firm's



marginal product of labor.



production function.



average product of labor.



supply curve, or supply schedule.

Textbook 

InMicro


Edition: 1st
Authors:
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Answer verified by a subject expert
kiyomikakiyomika
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Posts: 325
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A week ago
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Answer 1

Some of the new technology took the form of new equipment. Previously, employees in UPS sorting facilities needed to memorize more than 100 zip codes in order to know which chute to send a package down on its way to being deposited in a truck or plane. The new equipment scans a package and instantly tells the worker in which color-coded chute to place the package. This equipment allows UPS workers to process 15 percent more packages per day. Other changes at UPS involved no new equipment but were instead improvements in how packages were routed. The firm started using more detailed maps to plan the routes for packages. As a result, the typical delivery driver could travel several miles less per day while delivering more packages. UPS also began taking better account of weather forecasts to avoid delays in flying packages. These improvements in handling packages meet the economic definition of positive technological change because they allow the firm to produce a larger output—more packages delivered—with the same amount of inputs—workers, planes, and other equipment.



Answer 2

production function.

This verified answer contains over 200 words.
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