The big-push theory argues that coordination failures may arise because of
A)pecuniary externalities.
B)technological externalities.
C)lack of human capital.
D)all of the above.

Question

Quizplus · Accepted Answer

The big-push theory primarily focuses on pecuniary externalities, which occur when the actions of one firm affect the market conditions faced by other firms, leading to coordination failures.

The Big-Push Theory Argues That Coordination Failures May Arise Because