Saturday
May 23, 2015

Homework Help: economics

Posted by canopolis on Thursday, March 25, 2010 at 2:57pm.

If all the assumptions of perfect competition hold, why would firms in such an industry have little incentive to carry out technological change or much research and development? What condition would encourage research and development in competitive industries?

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

Members