0
Which development lowered the price of newspapers to a penny a copy?
Wiki User
∙ 13y ago
The steam powered rotary printing press was invented in 1843 by Richard Hoe. Its innovation was the use of rollers instead of a flat bed and it greatly increased the speed of printing.
(example: approx. copies per hour - manual flatbed press 500, steam operated flatbed press 2,000, steam rotary press 20,000)
The increased quantity being printed reduced the unit cost and this allowed the owners to reduce the price of newspapers while continuing to make profits.
Wiki User
∙ 13y ago
The introduction of the penny press in the 1830s led to the reduction in price of newspapers to a penny a copy. This innovation made newspapers more affordable and accessible to a wider audience, significantly increasing readership.
Wiki User
∙ 13y agoDoubled sided paper.
Wiki User
∙ 13y agoThe New York Times
Add your answer:
Earn +20 pts
What happens to quantity when price is lowered?
lowered
What lowered the price of newspapers to a penny a copy?
The steam powered rotary printing press was invented in 1843 by Richard Hoe. Its innovation was the use of rollers instead of a flat bed and it greatly increased the speed of printing. (example: approx. copies per hour - manual flatbed press 500, steam operated flatbed press 2,000, steam rotary press 20,000) The increased quantity being printed reduced the unit cost and this allowed the owners to reduce the price of newspapers while continuing to make profits.
What happens to quantity supplied when price is lowered?
The price could go up or down (ambiguous) but the quantity definitely would decrease
The price of a 69.45tire is lowered 5.75 for a sale after the sale what is the new price?
After the sale the price returns to 69.45
If demand is elastic and price is lowered total revenue will?
increase
You want to know the price?
coin penny 1988 one penny
What is the price for a newspaper in 1066?
Newspapers did not exist in 1066.
What effect did the assembly line have on the cost of goods?
It lowered the price of goods.
What did the tea do?
it lowered the price of tea It allowed the shipment of tea directly to the colonies.
What is the price of the 1972 penny?
one cent.
What was the price of a candy bar in 1852?
a penny
What is the price of a 1898 penny?
If in England, then about 40p.
