Asked by
Claire Combs
on Nov 17, 2024
Verified
Which of the following would shift the supply of cars to the left?
A) Increased toll prices are causing more consumers to use public transportation to commute to work.
B) The price of a car increases by $9,000.
C) New assembly line technology allows a car to be produced at half the cost.
D) The cost of the aluminum used to make a car's frame increases.
Assembly Line Technology
An efficient manufacturing process that divides work into specialized tasks sequentially arranged so that the product moves from one workstation to the next.
Aluminum
A lightweight and malleable metal used in a wide range of applications, from packaging and construction to transportation and electronics.
- Evaluate how changes in manufacturing costs, including technological innovations and the price of raw materials, influence the availability of products.
Verified Answer
CV
Learning Objectives
- Evaluate how changes in manufacturing costs, including technological innovations and the price of raw materials, influence the availability of products.