Which of the Following Statements Is Consistent with the Views

question 72

Multiple Choice

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.

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Definitions:

Temporary Holding Area

A space in memory used to temporarily store data while it is being moved or processed.

Buffer

A temporary storage area in memory used to hold data while it is being transferred from one location to another.

Register

A register in computing is a small, fast storage location within a CPU designed to quickly access and store the data that is immediately needed for processing.

Robust Programs

Programs designed to handle errors gracefully and maintain functionality under various conditions.