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Competitive firms innovate because: O a. Firms in competitive markets do not innovate. O b. It will decrease their costs of production. Oc. Governments require

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Competitive firms innovate because: O a. Firms in competitive markets do not innovate. O b. It will decrease their costs of production. Oc. Governments require them to. O d. Innovation will increase the costs of production which will induce firms to increase production

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