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    After Henry ford invented the assembly line for manufacturin

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    After Henry Ford invented the assembly line for manufacturing automobiles, other automobile firms copied his invention. The new technology increased the economies of scale in automobile manufacturing. In the long run, how would it have changed the size of the typical automobile firm?

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    In the long run, the automobile firms increased as well, due to the invention. When Ford first invented the assembly line for manufacturing automobiles, the other firms copied his invention because they realized that they could make more automobiles, and make them quicker than they had been able to manufacture the autos, ...

    Solution Summary

    This solution discusses the repercussions of the invention of the assembly line for automobile manufacturing.