A new fertilizer that is better suited to a nation's topography and climate is an example of a technological advance that is
A) capital using.
B) capital saving.
C) capital intensive.
D) an in-kind investment.

Question

Quizplus · Accepted Answer

The new fertilizer would be considered capital saving because it improves the efficiency of existing capital (land, labor, and other inputs) by being better suited to the topography and climate. It does not necessarily require additional capital investment.

A New Fertilizer That Is Better Suited to a Nation's