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Author Question: Which choice below is an argument that more technological change occurs in more competitive market structures? (Read 44 times)

Alygatorr01285

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on: Apr 19, 2019

Question 1

The economist Joseph Schumpeter argued that industrial concentration, in which a relatively small number of firms control the market place, actually ________ the rate of ________.


◦ increased; market competitiveness
◦ increased; technological advance
◦ decreased; market competitiveness
◦ decreased; technological advance

Question 2

Which choice below is an argument that more technological change occurs in more competitive market structures?


◦ Most large, oligopolistic firms such as AT&T have done a great deal of research.
◦ Oligopolistic firms earn the profits to pay for research; competitive firms do not.
◦ Small firms are too "lean and mean" to support any research and development.
◦ The "high-tech revolution" grew out of many tiny start-up operations.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by Alygatorr01285 on Apr 19, 2019

Chou

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Alygatorr01285

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Reply #2 on: Apr 19, 2019
Excellent


Chou

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Reply #3 on: Apr 19, 2019
Great! Please up vote :D


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