Acar plant used to produce 10 cars a day. with new technology, the same plant now produces 20 cars a day. the plant has increased its

A car plant used to produce 10 cars a day. With the new technology, the same plant now produces 20 cars a day. The plant has increased its Production.

The plant has installed the new technology, due to which the production has doubled. Now 20 cars are produced in a day instead of 10 cars. Or we can say the production time has decreased. Now the 10 cars which were produced in 30 days are now produced in 15 days due to the installation of new technology.

1) the stages a new product goes through from beginning to end, i.e., the stages that a product passes through from introduction through growth, maturity, and decline. 2) the time from initial research and development to the time at which sales and support of the product to customers are withdrawn. 3) the period of time during which a product can be produced and marketed profitably.

                                          hope it

answerjointly by the fed and by the behavior of individuals who hold money and of banks in which money is held;