An article in the Los Angeles Times about driverless trucks stated, Trucking will likely be the first
Question:
An article in the Los Angeles Times about driverless trucks stated, “Trucking will likely be the first type of driving to be fully automated—meaning there’s no one at the wheel.” The article added that there is a financial incentive for automating trucks because “trucking is a $700-billion industry, in which a third of costs go to compensating drivers.” How are driverless trucks likely to affect costs to businesses of transporting goods? How are they likely to affect the short-run aggregate\ supply curve and the long-run aggregate supply curve?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Question Posted: