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It's Usually Easier to Convince Customers to Adopt a Continuous

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It's usually easier to convince customers to adopt a continuous innovation than a discontinuous innovation.

Comprehend the role of government in financing basic scientific research and its implications on public goods and externalities.
Identify the optimal level of R&D expenditure for firms based on marginal cost and benefit analysis.
Grasp how successful product innovations increase consumer utility and spending efficiency.
Analyze the inverted-U theory relationship between R&D expenditures and industry concentration.

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