The new oven in mr. Brown's bakery allows him to produce bread more efficiently and more cheaply. What is the most likely effect for consumers?.

Answer 1

The most likely effect for consumers would be lower prices for bread. With the new oven allowing Mr. Brown to produce bread more efficiently and cheaply, he would be able to pass on those cost savings to consumers by offering lower prices for the bread. This would make the bread more affordable and potentially attract more customers or allow existing customers to purchase more bread for the same price.