Multiple Choice
Joseph Schumpeter's view of innovation and the diffusion process can be represented as
A) a continuous movement along the average product of capital curve.
B) a series of outward shifts of the marginal product curves of capital and labor.
C) a steady increase in the stock of human capital.
D) an increase over time in entrepreneurial ambitions.
E) the independent effects of workers and technology on production.
Correct Answer:
Verified
Correct Answer:
Verified
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