Question

An example of technological change is A. being able to produce the same output using fewer inputs. B. being able to produce more output using the same inputs. C. a decline in the quantity of output that can be produced from a given quantity of inputs. D. both a and b.

Answer 1

Answer:

A,B, C all are correct.

Explanation:

New technologies are always tended to improve productivity (higher output from lesser inputs)

But new technologies are not always beneficial sometimes they backfire too. This can lead to a decline in the quantity of output that can be produced from a given quantity of inputs

hence all options are correct.