Homework Help: economics

Posted by kim on Friday, July 29, 2011 at 12:27am.

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?

economics - SraJMcGin, Friday, July 29, 2011 at 10:35am
Try some of the following links for information:

http://www.google.com/search?q=what+would+encourage+research+%26+development+in+competitive+industries&ie=utf-8&oe=utf-8&aq=t&rls=org.mozilla:en-US:official&client=firefox-a

Sra

Answer this Question

Related Questions

Managerial Economics - If all assumptions of perfect competition hold, why would...
perfect competition - If all the assumptions of perfect competition hold, why ...
economics - If all the assumptions of perfect competition hold, why would firms ...
Economics - If all the assumptions of perfect competition hold, why would firms...
Managerial Economics - If all assumptions of perfect competition hold, why would...
economics - If all the assumption of perfect competition hold, why would firms ...
Economics - In monopolistically competitive industries: a)competition is weak b)...
Economics - In a perfect competitive market, industry demand is P = 850 – ...
Managerial Economics - In a perfect competitive market, industry demand is P = ...
Economics - What is the computing? in terms of math Industry structure is often...

For Further Reading

First Name:
School Subject:
Answer: