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Tidy Tidy
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9 years ago
Which of the following statements is consistent with the views of Joseph Schumpeter?
A) Research and development by competitive firms is responsible for most technological changes.
B) An economy benefits from firms having market power because these firms are more likely to be able to commit funds for research and development.
C) Enforcement of antitrust laws is necessary to promote competition among firms.
D) A lack of competition discourages firms from developing new technologies.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
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VincenzoDVincenzoD
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9 years ago
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Tidy Author
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9 years ago
Thanks
rudy.zondo
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Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
mmmm_dat_userna
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2 hours ago
Helped a lot
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