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Tidy Tidy
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Posts: 4852
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:
Read 418 times
1 Reply
Repeat after me: 'Calm down. Things are gonna be fine. Things are gonna be all great. Just relax.' Wink Face
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VincenzoDVincenzoD
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Posts: 1913
9 years ago
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Tidy Author
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9 years ago
Thank you, thank you, thank you!
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Yesterday
Just got PERFECT on my quiz
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2 hours ago
Thanks for your help!!
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