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Economics
MEDIUM
ENGLISH
Economics
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
Option A
The production and marketing of the Model T Ford in the 19-teens
Correct answer
C
The invention of the Stanley steamer
Option C
D
An American buying a stock in the Philippines stock market
Option D
Correct answer: B
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