Economics of innovation: An example of an innovation that increases fixed costs
and reduces the marginal costs is:
- a robot
- a 3D printer
- cheaper machinery that uses the same amount of labour as the older (more expensive) one
- none of the above

Question

An example of an innovation that increases fixed costs 
and reduces the marginal costs is:  
- a robot
- a 3D printer
- cheaper machinery that uses the same amount of  labour as the older (more expensive) one
- none of the above

Nasta Charniak · Accepted Answer

a robot (less spendings on labor)

Economics of innovation

An example of an innovation that increases fixed costs and reduces the marginal costs is: - a robot - a 3D printer - cheaper machinery that uses the same amount of labour as the older (more expensive) one - none of the above

A robot (less spendings on labor)

Author