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Which of the following best describes the impact of technological change on output? a) It creates a limited amount of output. b) It reduces

Which of the following best describes the impact of technological change on output? a) It creates a limited amount of output. b) It reduces the labor needed to produce a given amount of output. c) It increases the labor needed to produce a given amount of output. d) It creates an unlimited amount of output. e) Technology does not cause an impact on output.

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