A firm has successfully adopted a positive technological change when
A)it can produce more output using the same inputs.
B)it produces less pollution in its production process.
C)it can pay its workers less yet increase its output.
D)it sees an increase in worker productivity.

Question

Quizplus · Accepted Answer

A positive technological change allows a firm to produce more output with the same inputs, indicating improved efficiency and productivity.

A Firm Has Successfully Adopted a Positive Technological Change When