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Microeconomics 9th Edition by Stephen Slavin
Edition 9ISBN: 9780077426767Microeconomics 9th Edition by Stephen Slavin
Edition 9ISBN: 9780077426767 Exercise 15
"Innovations do not remain isolated events, and are not evenly distributed in time, but... on the contrary they tend to cluster, to come about in bunches, simply because some, and then most, firms follow in the wake of successful innovation." Who made this statement?
A) Frank Knight
B) Joseph Schumpeter
C) Karl Marx
D) John Maynard Keynes
A) Frank Knight
B) Joseph Schumpeter
C) Karl Marx
D) John Maynard Keynes
Explanation
Verified
Verified
Option a) cannot be correct because Fran...
Microeconomics 9th Edition by Stephen Slavin
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