(Last Word)The development of additive manufacturing technology (3-D printers)is expected to lower prices by doing which of the following?

Question

Quizplus · Accepted Answer

Additive manufacturing technology eliminates the need for large fixed set-up costs because it can produce goods directly from a digital file without the need for expensive molds or tooling. Additionally, it can reduce transportation costs since products can be manufactured closer to the point of consumption, rather than being transported from a centralized factory. Therefore, the development of 3-D printers is expected to lower prices by reducing both large fixed set-up costs and transportation costs.

(Last Word)The Development of Additive Manufacturing Technology (3-D Printers)is Expected