Respuesta :
With capital-embodied technological progress, new capital goods become more productive, thus more valuable, but the production capacity of the existing capital goods declines comparatively and they become less valuable.
Capital-driven technological processes lead to creating new and innovative capital goods.
What are capital goods?
Capital goods are the assets utilized by a production company while engaging in the manufacturing of goods.
When the technological process is driven by capital funds, then the company starts manufacturing innovative capital products which further increase its worth. This leads to a decline in the worth of capital goods that are already been present in the consumer market.
Therefore, the emergence of new capital products is being produced due to technological processes.
Learn more about the capital goods in the related link:
https://brainly.com/question/18849286
#SPJ2
