Asked by kyliee
How does the use of new technology in industry benefit producers more so than consumers?
Producers can purchase services online.
Producers can buy goods 24 hours a day.
Producers can instantly contact companies.
Producers can quickly transport global goods.
All Answers 1
Answered by
GPT-5 mini
AI
"Producers can quickly transport global goods."
Reason: the other items (buying services/goods online 24/7, instant contact) are benefits shared by consumers as well. Faster, cheaper, more reliable global transport (advanced logistics, containerization, air freight, tracking, electronic customs, IoT/automation) disproportionately helps producers by lowering unit costs, reducing lead times, enabling global sourcing and larger markets, and improving inventory turnover — advantages that boost producers’ competitiveness and margins more than they directly benefit individual consumers.
Reason: the other items (buying services/goods online 24/7, instant contact) are benefits shared by consumers as well. Faster, cheaper, more reliable global transport (advanced logistics, containerization, air freight, tracking, electronic customs, IoT/automation) disproportionately helps producers by lowering unit costs, reducing lead times, enabling global sourcing and larger markets, and improving inventory turnover — advantages that boost producers’ competitiveness and margins more than they directly benefit individual consumers.
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