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 purchase of additional capital that increases the total possible output of a firm
an employee learning new job skills to increase her work performance
a firm reducing its prices to make itself more competitive in the market.

1 answer

The option that would constitute a technological improvement is:

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

This is because a technological improvement typically involves advancements in technology that enhance efficiency or productivity. Improvements in software speed directly impact how effectively employees can perform their tasks.