Which of the Following Did Not Occur During the Industrial

question 54

Multiple Choice

Which of the following did not occur during the Industrial Revolution?

• A)worker productivity increased
• B)factories became larger
• C)direct supervision of labor decreased
• D)division of labor increased
• E)fewer stages of production were organized in the household

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Definitions:

Decreasing-cost Industry

An industry where the cost per unit of output decreases as the scale of production increases.

Long-run Equilibrium Price

The price level at which the quantity supplied equals the quantity demanded, achieved over a period where all inputs can be varied by producers.

Increase in Demand

A situation where there is a rise in consumers' desire to purchase goods or services, leading to higher quantity demanded at every price level.

Constant Costs

Occur when the cost of producing an additional unit of a good does not change as the scale of production increases or decreases.