3D printing and modeling is new technology that will allow businesses to “print” or build three dimensional items to specifications as needed. The big knock on 3D printing has been the cost; however, the cost has continually gone down and now is around $800 – $2,000 (quick Google search) for the average 3D printer.
1) Do you think 3D printing will make markets more competitive? Why or why not?
2) What impact will 3D printing have on economies of scale for businesses?
3) Do you think 3D printing, if sold to consumers, will hurt businesses? Why or why not