New Innovations Typically Tend To

question 8

Multiple Choice

New innovations typically tend to:

• A) be adopted very slowly at first.
• B) eliminate incumbent inertia for late entrants.
• C) eliminate monopoly rents when they are first introduced.
• D) reduce the effectiveness of future enabling technologies.

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Definitions:

Ecclesia

A system in which a church and the state have a formalized relationship.

Vatican

The central governing body of the Roman Catholic Church, also referring to the geographic location within Rome, Italy, serving as the spiritual and administrative center of the Church.

Religious Pluralism

A system in which many religions coexist and often compete with one another for members.

Supreme Being

A term used to denote a higher power, God, or a deity in various religious traditions.