Asked by
Kiearra Pearson
on Dec 12, 2024Verified
Automated production methods are only attractive when they
A) reduce labor productivity.
B) replace workers.
C) decrease per-unit costs of production.
D) lower wages.
Automated Production
involves the use of control systems and machinery to handle tasks in manufacturing with minimal human intervention.
Per-Unit Costs
The cost incurred to produce, manufacture, or acquire a single unit of a product or service.
Decrease
A reduction in size, quantity, or importance of something.
- Fathom the repercussions of technological evolution on the productivity of labor and the efficiency of economic systems.
Verified Answer
MA
Learning Objectives
- Fathom the repercussions of technological evolution on the productivity of labor and the efficiency of economic systems.
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