An In the News article titled "Jury Rules Magnetek Unit Is Liable for Keeping Technology off Market" reported, "A county superior court jury in Oakland ordered a unit of Magnetek Inc.to pay $25.8 million to two California entrepreneurs ...the unit had failed to bring the pair's energy-saving fluorescent-light technology to market in a profitable manner ...in favor of an outmoded technology." The most correct implication of this quotation is that Magnetek
A) Attempted to suppress Ramp;D.
B) Is a highly efficient, high-tech industry.
C) Makes zero economic profits.
D) Charges lower prices than might be expected in a competitive market.
Correct Answer:
Verified
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