Advances in production, such as new technology, can do which of the following to a good?

A. transform it from an expensive luxury to a mid-priced good

B. change it from a necessity to an expensive nonessential

C. make the production so simple that it becomes unnecessary

D. raise the price as more features become available

Question

Social Studies

Trevor

27 September, 22:41

Advances in production, such as new technology, can do which of the following to a good?

A. transform it from an expensive luxury to a mid-priced good

B. change it from a necessity to an expensive nonessential

C. make the production so simple that it becomes unnecessary

D. raise the price as more features become available

+4

Answers (2)

Know the Answer?

Pierce Gray · Answer 1

Pierce Gray 28 September, 00:53

0

A is the correct answer.

Porkchop · Answer 2

A) transform it from an expensive luxury to a mid-priced good.

This is because advances in production can make it easier and cheaper to produce the good. Making the good go from expensive to a mid priced good.