UPS has reorganized the routes its drivers take to deliver packages to homes. According to an article
Question:
a. Briefly explain whether this cost saving is due to technological change at the firm.
b. Suppose that UPS saves $50 million per year because of lower gasoline prices. Would that cost saving be due to technological change at the firm? Briefly explain.
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a Technological change is a change in the ability of a firm ...View the full answer
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