Solved

During the "Computer Revolution" of the 1980s and 1990s,many Firms

Question 88

Essay

During the "computer revolution" of the 1980s and 1990s,many firms replaced old technology with new technology.What might explain why firms don't change technology as quickly today?

Correct Answer:

verifed

Verified

The marginal rate of technical substitut...

View Answer

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions