Which factor best accounts for the price change in the model t automobile

Mass production helped affect the price change of the model T automobile. In 1908, the price of a model T was $825 and dropped to $290 in the year 1927. The reason for this was Henry Ford's invention of the assembly line greatly sped up production at a much higher rate as well make the production cheaper. Since he could put out more at a higher rate, he was able to drop the price in what would otherwise be a longer, more expensive process for a highly popular automobile product.

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