Question: The Universal Replicator is a machine that can replicate any physical good. If a car is put into the Universal Replicator, the machine will create

The Universal Replicator is a machine that can replicate any physical good. If a car is put into the Universal Replicator, the machine will create exact working duplicate at the touch of a button. It will work on any non-living object. Assume this technology becomes widely adopted throughout the country by manufacturers of all types.

What would happen to the price of goods?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Economics Questions!

The Universal Replicator is a machine that can replicate any physical good. If a car is put into the Universal Replicator, the machine will create an exact working duplicate at the touch of a button....

Companies can intentionally commoditize their products or services as a strategy to make money. Discuss using these two different cases below how companies can intentionally commoditize their...

The discussion will focus on management decision-making and control in two companies, American corporation Amazon.com, Inc. and Chinese company Alibaba Group Holding Limited. Decision-making and...

design cultural web and its main elements. base your answer on the description offered in the case study at about the time when the workshops begun. Case Study: Kao Corporation By Samantha Ghoshal...

part 1 Please list the scenarios you played. 1. students need to play 2 scenarios. For grading purposes, I will select the best two scenarios for graduate students and the best one for undergraduate...

can i get a solution to this question please. Value: Document (include your file name) 15% of final grade How to complete: 1. Read the following Anniversary Party scheduling problem: As the project...

PLG-120 Week 4 Lecture Notes To begin your analysis of the legal issue you have been asked to address, you must identify the governing rule of law. Articulating the legal rule is, of course, the...

i would need an internal organization analysis on SafeGraph Strengths Weaknesses Value Chain or Resource Based View analysis Sources of competitive advantage (if any). conclusion about the company's...

Tallahassee bean counters case solution and all the 5 questions beginning of the case. Also describe about equipment purchased fraud and how it was committed? NOTICE Do not make Teaching Notes...

A small nonprofit organization is planning a door-to-door marketing campaign to sell Christmas wrapping and gifts. They plan to visit 10 homes. Consultants have estimated that they should expect to...

A compound is a ketone of molecular formula C7H14O. Its 13C NMR spectrum is shown in Figure 17.19. What is the structure of the compound?

16.17 Use graphical method to minimize the time needed to process the following jobs on the given machines and calculate the total time needed to complete both jobs. The relevant data is given in the...

In Cara's hometown, there is a mall with a small Sears store, a Macy's department store, a couple of fast food restaurants, a few specialty shops, and some convenience stores. The mall features...

4. In what way will relationships in a system influence what is reported?

3. Mention three examples where you distorted information that you had taken from your memory and where others made you aware of the fact that you had distorted the information. Did it create a...

4. Think of two units of information you have received during the course of the day. Connect these two units of information and try to create completely new information that did not exist in the...