Which of the following would constitute a technological improvement?(1 point)

Question

Responses

the discovery of a way to improve software speed that increases employee productivity
the discovery of a way to improve software speed that increases employee productivity

an employee learning new job skills to increase her work performance
an employee learning new job skills to increase her work performance

the purchase of additional capital that increases the total possible output of a firm
the purchase of additional capital that increases the total possible output of a firm

a firm reducing its prices to make itself more competitive in the market.

Answer 1

The option that would constitute a technological improvement is:

the discovery of a way to improve software speed that increases employee productivity.

This discovery represents an advancement in technology that enhances efficiency and performance, which aligns with the definition of a technological improvement.