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

Aliyah

Social Studies

4 December, 20:51

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

+1

Answers (2)

Know the Answer?

Kristin Garcia · Answer 1

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.

Lady Gaga · Answer 2

A is the correct answer.