Effects of innovation-technology on the cost of production


Can you assist with the following questions?

Question 1: What are the effects of innovation and technology on the cost of production? How does technology affect market structure and real-world competition? Which market structure is best suited for technological innovation? Explain your answer. How have technological innovations affected your organization?

Question 2: How do you define social diversity and business ethics? How has a more diversified labor force affected the corporate structure and economy? What are some potential roadblocks in promoting a diverse workplace? Explain your answer.

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Microeconomics: Effects of innovation-technology on the cost of production
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