The Impact of Technology on the Market

How does the introduction of computing software by businesses to employees affect the market for their products?

As computing software to automate tasks and calculations has become cheaper, businesses have started offering these to their employees. What impact would this have on the market for what these businesses sell?

The impact of businesses offering computing software to employees on the market

The impact of businesses offering computing software to their employees on the market is that prices will fall. What happens when technology is introduced in the market?

When technology like computing software is introduced into the market, it ends up making production more efficient which leads to more work being done. As a result of this, prices will decrease and goods will become cheaper because businesses that offer technology to their employees will produce at a cheaper cost and so can sell at a cheaper cost.