-Assume the economy begins at the intersection of D0 S0.Suppose that robots were introduced on the auto assembly line.How would this affect the supply curve?

Question

Quizplus · Accepted Answer

The introduction of robots on the auto assembly line would likely increase efficiency and productivity, leading to a shift in the supply curve to the right (S1), as the same amount of resources can now produce more output.

-Assume the Economy Begins at the Intersection of D0 S0