Capitalism is an economies system ?

Related Mcqs:

Technical advance involves ?

A. the development of pure science, invention innovation financing the innovation and the innovation’s acceptance B. introducing new products modifying production functions creating credit and making profits C. innovation investment credit creation and economies growth D. patent management resource gains mature innovation and speculative gains...

According to William Baumol under oligopolistic competition among large, high tech business firms. innovation has ?

A. created stationary economies of scale B. maintained the relationship between firms and their clients C. replaced price as the important D. limited the expansion of firms...

Monopoly advantage is usually the result of greater opportunities such as ?

I- access to more economic information than competitors II- superior access to training and education III- a lower discount of future earnings IV- larger firm size A. I and II only B. II and III only C. I, II and III only D. I, II, III, and IV...

Which of the following was a socialist country ?

I- Holland II- Soviet Union III- China IV- India A. I and II only B. II and III only C. III and IV only D. I and IV only...

Which of the following is an example of a Schumpeterian innovation ?

A. An existing internet provider provides competition to two other providers in Dayton Ohlio B. The production and marketing of the Model T Ford in the 19-teens C. The invention of the Stanley steamer D. An American buying a stock in the Philippines stock market...