The development of additive manufacturing technology (3-D printers)is expected to lower prices by doing which of the following?
A)reducing the cost of producing blueprints for manufactured goods
B)promoting greater economies of scale in manufacturing
C)reducing the demand for manufactured goods
D)reducing both large fixed set-up costs and transportation costs

Question

Quizplus · Accepted Answer

Additive manufacturing, or 3-D printing, reduces large fixed set-up costs because it allows for the production of items directly from digital designs without the need for expensive molds or tooling. It also reduces transportation costs by enabling production closer to the point of use, eliminating the need for long-distance shipping of some goods.

The Development of Additive Manufacturing Technology (3-D Printers)is Expected to Lower