Question

improved technology in the production of small cars often results in lower production costs? which of the following will most likely result from these reduced production costs?

(1)the price of domestic small cars will decrease.
(2)the demand for domestic small cars will decrease.
(3)fewer domestic small cars will be manufactured.
(4)domestic small car manufactures will lose profits.
(5)more foreign small cars will be imported.
I think the answer is #3 ??

Answer 1

I don't agree with you.

Answer 2

so do you think its #4? if technology is improving, then the manufactures will lose profit......

Answer 3

Don't you think that if production costs are lower, they can charge less per car, and thus increase sales?

Answer 4

yes so its #1 alright !!

Answer 5

Yes, 1 is right. :-)

Answer 6

oh awesome Ms. Sue when you break it down like you did, I can better understand the question. :)

Answer 7

:-) Glad I can help you.