We say technological change in production occurs when the sa

We say \'technological change in production occurs\' when the same amount of output can be produced with less inputs of production more output can be produced using more inputs of production the same amount of inputs are used to produce more output a and c more goods and services are produced

Solution

We say Technological change in production occurs when:

Answer: Option c

The same amount of inputs are used to produce more output

Explanation: Technological Change is change the technical knowledge/efficiency used in the process of production. As a result of technological change more output can be produced with the same level of inputs.Changes in technology leads to the advancement of labour productivity and capital productivity.

There are three stages of Technological Change:

1) Invention

2) Innovation

3) Diffusion

By invention we mean the discovery of a new product. Innovation is nothing but the implementation of the invention for the first time. Diffusion is the speed in which others begin to adopt innovations.

For example, take the instance of Telephones. When it was invented for the first time the main aim was only to communicate verbally. Due to technological changes that telephone had gone through, the same offers us a lot of services like text ,emails, and video calls