The "high-tech revolution" grew out of many tiny start-up operations. This is an argument that more technological change occurs in ________ market structures.
A) oligopolistic
B) monopoly
C) duopoly
D) more competitive

Question

Quizplus · Accepted Answer

The "high-tech revolution" being attributed to many tiny start-up operations suggests that technological change is more prevalent in more competitive market structures, where numerous small companies innovate to gain an edge.

The "High-Tech Revolution" Grew Out of Many Tiny Start-Up Operations