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Question
Which of the following would constitute a technological improvement?(1 point)
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.
1 answer
The correct response that constitutes a technological improvement is:
the discovery of a way to improve software speed that increases employee productivity.
This option reflects a direct advancement in technology that enhances productivity, which is a key aspect of technological improvement. The other options describe different aspects of productivity or business strategy but do not represent technological improvements themselves.
