An example of technological change is a. being able to produce the same output using fewer inputs. b. being able to produce more output using the same inputs. c. a decline in the quantity of output that can be produced from a given quantity of inputs. d. both a and b. e. all of the above.

The correct answer is option E.

Explanation:

Technological change implies a change in the level of technology. It can be both positive as well as negative. Positive technological change is called improvement or up-gradation in technology.  

Technological improvement will help to produce the same level of output using fewer inputs or to produce more output using the same inputs.

A negative change in technology is called degradation in technology. It will cause a decline in the quantity of output that can be produced from a given quantity of inputs.

answertop managers;

false is correct i hope.

i might be