If a firm in a perfectly competitive market experiences a technological breakthrough - 6117

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15) If a firm in a perfectly competitive market experiences a technological breakthrough,

 

A.

other firms would find out about it eventually

 

B.

other firms would find out about it immediately

 

C.

other firms would not find out about it

 

D.

some firms would find out about it, but others would not

Solution Description

The ans