
The existence of innovators like Bill Gates proves that innovators on average earn positive economic profits.
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Q33: Innovation benefits the innovator to some extent
Q39: Profit-maximizing firms will earn zero marginal profit
Q41: In a perfectly competitive industry, firms will
Q42: The computer industry is an example of
Q102: Collaborative research is especially important in high-technology
Q103: The story of innovation battles among firms
Q111: Innovative firms face competition much more quickly
Q112: Price competition among firms has proved to
Q112: Firms operating in competitive markets have little
Q117: Innovation tends to be an extremely competitive
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