The displacement of one technology by another,as shown by two S-shaped curves on a graph,is referred to as
A) economies of scope versus operating leverage.
B) technology transfer.
C) the R&D mix.
D) technological discontinuity.
E) a disjunctive learning or experience curve.

Question

Quizplus · Accepted Answer

The displacement of one technology by another is referred to as technological discontinuity, which is represented by two S-shaped curves on a graph. This occurs when a new technology emerges that offers superior performance or cost benefits compared to the existing technology, leading to a shift in demand and ultimately replacing the old technology.

The Displacement of One Technology by Another,as Shown by Two