The curse of competitive markets A. May be lessened by obtaining patents for new ideas that protect companies from competitors OR B. Implies that profitable industries will become smaller as companies...




The curse of competitive markets A. May be lessened by obtaining patents for new ideas that protect companies from competitors OR B. Implies that profitable industries will become smaller as companies drop out to avoid competition OR C. Means that money spent of innovation is wasted because competitors will rush in and eliminate any excess profits OR D. Means that companies cannot earn exceptional profits.

May 19, 2022
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