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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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