3
QuizMultiple Choice

Technology and Economics

Question 3 • 2102320-Economics HONORS - Edgenuity Teacher

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

Answer
P
Producers can purchase services online.
P
Producers can buy goods 24 hours a day.
P
Producers can instantly contact companies.
P
Producers can quickly transport global goods.

Explanation

New transportation technology lets producers move materials and finished products quickly across long distances, making it easier to manufacture and sell goods globally. Consumers can also shop or communicate online, so choices A, B, and C are not benefits unique to producers. The best answer is “Producers can quickly transport global goods.”

AI-written and checked against the verified answer.

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