Question

In: Economics

What effect did the invention of the assembly line have on cars? A. Increase demand B....

What effect did the invention of the assembly line have on cars?

A.

Increase demand

B.

Decrease demand

C.

Increase supply

D.

Decrease supply

Solutions

Expert Solution

The answer is (c) increase supply

The invention of the assembly line increases the efficiency of production as it greatly reduces the overall time involved in the production process. Thus, there will an increase in supply as efficiency has increased.

All other options are wrong as the demand will not change and supply will not decrease.


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