The assembly line and interchangeable parts were first used by Henry Ford
Indicate whether the statement is true or false
False (They were first applied by Eli Whitney in the production of guns.)
Economics
You might also like to view...
An individual in the US wants to buy a car from England which costs 12,00 . pounds. If the exchange rate is $1.75/pound, how much will it cost him in dollar terms?
a. $21,000 b. $6,800 c. $12,000 d. Need more information
Economics
If an increase in the price of a product from $1 to $2 per unit leads to a decrease in the quantity demanded from 100 to 80 units, then demand is:
A. elastic. B. inelastic. C. unitary elastic. D. horizontal.
Economics