Probably the most important factor leading to improved resource efficiency over the long run is:
A) technological change.
B) the discovery of new natural resources.
C) changes in the amount of capital in the economy.
D) changes in tax laws and government expenditures.

Question

Quizplus · Accepted Answer

Technological change is the primary factor that leads to improved resource efficiency over the long run because it enables more efficient production processes, reduces waste, and often allows for the better use of existing resources.

Probably the Most Important Factor Leading to Improved Resource Efficiency