Explain the difference between labor-augmenting technological change and neutral technological change. Explain into which category of technological
Question:
(a) Development of a new microprocessor that allows for faster computers that enable architects to design buildings in less time.
(b) A new operating system that enables programmers to use their existing computers to write and test programs in less time.
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a Laboraugmenting technological change states that improvements in ...View the full answer
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