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.

---

Definitions:

Male-Female Genetic Differences

Genetic disparities between males and females, typically referring to differences found within the XX and XY chromosomes affecting physical, developmental, and behavioral traits.

Environmental Factors

External elements such as climate, pollutants, and social contexts that can influence an organism's development and behavior.

Sex Hormones

Hormones such as estrogen, progesterone, and testosterone that are involved in the regulation of sexual and reproductive functions, and that influence secondary sex characteristics.

Reengineering

Reengineering is the fundamental rethinking and radical redesign of business processes to achieve dramatic improvements in critical measures of performance such as cost, quality, service, and speed.