In perfect competition, imitators dampen the innovating spirit of innovators. Explain.

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Principles of Economics

ISBN: 978-1285064437

7th edition

Authors: Fred M. Gottheil

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Question Posted: Apr 21, 2015 09:36 AM

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In perfect competition, imitators dampen the innovating spirit of innovators. Explain.

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It is impossible for a firm in perfect competition to keep a secret ...View the full answer

Principles of Economics

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