An example of technological change is _____
A) firms substituting labor for capital.
B) robots displacing workers.
C) hiring more wait staff in a busy restaurant.
D) teaching materials in a class instead of online.
E) higher costs of manufacturing labor.

Question

Quizplus · Accepted Answer

Robots displacing workers is an example of technological change, as it involves the implementation of new technology to automate tasks previously performed by human workers.

An Example of Technological Change Is _____