Multiple Choice
Dominant firms tend to lag in innovation because
A) of the sunk cost effect.
B) entrepreneurs are found in smaller firms.
C) they are usually focused on market share.
D) all of these choices.
Correct Answer:

Verified
Correct Answer:
Verified
Q28: Marginal costs and marginal benefits<br>A)do not include
Q29: If a knowledge worker knows more than
Q30: In the knowledge economy<br>A)physical property rights appear
Q31: For patents to be effective<br>A)small networks.<br>B)network externalities
Q32: Increasing returns<br>A)causes marginal cost to remain constant.<br>B)causes
Q34: Knowledge has become measurably more important in
Q35: Knowledge workers have<br>A)relatively less bargaining power.<br>B)relatively more
Q36: The value of a network<br>A)is related to
Q37: Diminishing marginal returns to labor means<br>A)that each
Q38: The information content of a product can