Which Choice Below Is an Argument That More Technological Change

question 78

Multiple Choice

Which choice below is an argument that more technological change occurs in more competitive market structures?

• A) Most large, oligopolistic firms such as AT&T have done a great deal of research.
• B) Oligopolistic firms earn the profits to pay for research; competitive firms do not.
• C) Small firms are too "lean and mean" to support any research and development.
• D) The "high-tech revolution" grew out of many tiny start-up operations.

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