(Last Word) the Development of Additive Manufacturing Technology (3-D Printers)

question 82

Multiple Choice

(Last Word) 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

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Definitions:

Retirement

The act of leaving one's job and ceasing to work, typically upon reaching a certain age or due to personal choice.

Compound Interest

Interest calculated on the initial principal, which also includes all of the accumulated interest from previous periods on a deposit or loan.

Simple Interest

Interest calculated only on the initial principal of a deposit or loan, without compounding.

Predicted Score

An estimate of the value of a variable or outcome derived from a statistical model or the analysis of patterns in data.