Year Price 1908 $825 1927 $290 Question Use the chart to answer the question. Which factor best accounts for the price change in the Model T automobile? (1 point) Responses low deman low deman organized labor organized labor mass production mass production wartime inflation

Answer 1

The factor that best accounts for the price change in the Model T automobile from 1908 to 1927 is mass production. The introduction of assembly line techniques by Henry Ford significantly reduced production costs, resulting in lower prices for the Model T over time.