Homework Help: Managerial Economics

Posted by Anonymous on Wednesday, August 26, 2009 at 11:15pm.

If all assumptions of perfect competition hold, why would firms in such industry have little incentive to carry out technological change

Managerial Economics - economyst, Thursday, August 27, 2009 at 9:06am
Take a shot, what do you think?
Hint: why do some profit-maximizing firms engage in technological change anyway?

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