Car prices seem to rise non-stop despite advances in manufacturing technology. But a TV, or smart home devices, or some other similar piece of home tech continually becomes cheaper from the time it is released. Why?
In: Economics
Cars benefit from technological advances because they use new and better technology. The value keeps increasing.
Compared to twenty years ago consider some examples 1) cars have cameras for blind spots 2) cars have AI safety features 3) cars have better gas mileage.
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