Rio Tinto was able to introduce robotic machines into its mining operations because of developments in computer technology, the Global Positioning System (GPS), and robotics.
The company's mining operations are an example of ________, in which devices directly communicate data to a computer without a person having to enter the data.
A) Artificial Intelligence B) Technological Singularity
C) the use of Big Data D) the Internet of Things
Question 2
If a theatre company expects 250,000 in ticket revenue from five performances and 288,000 in ticket revenue if it adds a sixth performance, the
A) company will be making a loss on the sixth performance because its ticket sales will be less than the average revenue received from the previous five.
B) marginal revenue of the sixth performance is 38,000.
C) marginal revenue of the sixth performance is 288,000.
D) cost of staging the sixth performance is probably higher than the cost of staging the previous five.
