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Map o sapling learning Please sort the following items as an example of either a

ID: 1215935 • Letter: M

Question

Map o sapling learning Please sort the following items as an example of either a physical capital change or a technological change. Each item should be placed in one of the two bins. Physical Capital Change Technological Change A company builds a new factory. All of a company's factory workers A company gets a new fleet of trucks. A company replaces its current A factory manager implements a new A company buys three additional machines undergo a new training program machines with better ones to supplement its original supply system which keeps workers from needing machines at the same time

Explanation / Answer

Technological change involves innovation,invention.Physical change is change in quantity.

1) Physical change:A company builds new factory,company gets new trucks,company buys 3 additional machines to supplement original supply.

2)Technological change:company replaces currect machines with better ones,company workers undergo new training program,manager implements new system which keeps workers from needing machines at the same time.