8
QuizMultiple Choice

Entrepreneurship

Question 8 • (Galli)WCA 2221 Civics/Economics 1st nine weeks 26-27

How does the use of new technology in industry benefit consumers more so than producers?

Answer
A
Consumers can allocate their resources wisely.
B
Consumers have greater access to information.
C
Consumers can use materials from anywhere.
D
Consumers can ship goods around the world.

Explanation

New technology can give consumers easier access to information about products, prices, and sellers, helping them make informed choices. Using materials from anywhere and shipping goods around the world are more directly benefits to producers and businesses.

AI-written and checked against the verified answer.

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