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What is neutral technical? What is non-neutral technical change? Suggest a specific example of nonneutral technical change that occurred in the US. In England until 1950, many homes were heated by burning coal in a fireplace; now most homes are heated by an electric or gas heating system. This was a change in technology. Would you classify it as a neutral or non-neutral technical change, and why?

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Business Economics, Economics

Category:- Business Economics
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