Question

The use of advanced technology in industrial production causes ______.

• A. Fall in the unit cost of production and prices
• B. Increase in the demand for goods
• C. Increase in the demand for labour
• D. All the above

Answer 1

The correct option is D All the above

Use of advanced technology helps to fasten industrial productivity which in turn helps to uplift the economy. The use of advanced technology in industrial production causes:

a) Fall in the unit cost of production and prices

b) Increase in the demand for goods

c) Increase in the demand for labour. Hence, option (D) is the correct answer.