Which of the Following Statements Is True of Technological Lockout

question 80

Multiple Choice

Which of the following statements is true of technological lockout?

• A) It occurs when customers purchase new technologies to replace older technologies.
• B) It occurs when a new dominant design prevents a company from competitively selling its products.
• C) It occurs when companies innovate by improving the functioning and performance of the dominant design.
• D) It occurs when new technologies compete to establish a new technological standard.

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Definitions:

Endothermic

Describes a process or reaction that absorbs energy from its surroundings, typically in the form of heat.

Equilibrium Concentration

The concentration of reactants and products in a chemical reaction that remains constant over time at equilibrium.

Starting Concentrations

The initial amounts of reactants in a chemical reaction, usually expressed in molarity or mass.

ΔG°

The standard Gibbs free energy change, indicating the spontaneity of a reaction under standard conditions.