Technological innovations decrease: Please provide your answer in the rich text

Question

Technological innovations decrease:
Please provide your answer in the rich text box. A the variety of goods consumers can purchase. B the need for differentiation among competitors. C the time required to design and produce new products. D the use of common components between different models of the same product. Technological innovations decrease:
Please provide your answer in the rich text box. A the variety of goods consumers can purchase. B the need for differentiation among competitors. C the time required to design and produce new products. D the use of common components between different models of the same product.

Explanation / Answer

Technological innovations decrease:

C. the time required to design and produce new products.

The innovations in technology help people to design a product more easily and at a fast speed. There are so many tools available in market to help speed up the designing process.

Also, the automation helps to produce the new products at faster rate and with more efficiency with lesser human intervention.

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