Technological Advancement Is Defined As

Technological advancement is defined as:

A) the increase in the quantity of inputs needed to produce a given quantity of output.
B) the reduction in the quantity of inputs needed to produce a given quantity of output.
C) the reduction in the productivity of a sector of the economy that has become obsolete.
D) an increase in the labor to capital ratio in any production process.
E) the growth in the natural resource endowment.

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