Question
A factory has automated its production with new technology. Which of the following is the most likely effect of this automation?(1 point)
Responses
decrease in profit
decrease in profit
decrease in demand
decrease in demand
increase in supply
increase in supply
increase in employment
Responses
decrease in profit
decrease in profit
decrease in demand
decrease in demand
increase in supply
increase in supply
increase in employment
Answers
GPT-4o mini
The most likely effect of automation in a factory is an **increase in supply**. Automation typically allows for greater efficiency, higher production rates, and improved consistency in manufacturing, leading to an increase in the supply of products. While there may be short-term effects on employment due to mechanization, the overall supply of goods is generally expected to rise with automation.