Question
Countries in the global economy may rely on obsolete technologies for long periods of time because of all the following reasons EXCEPT : Group of
Countries in the global economy may rely on obsolete technologies for long periods of time because of all the following reasons EXCEPT:
Group of answer choices
1- Usage of these technologies is characterized by diminishing returns
2-Adoption of new technologies is restricted by protectionism or other barriers
3-The technologies in question are characterized by complementarities
4-There is a "network benefit" to multiple entities/businesses utilizing this technology at the same time
5-There are powerful political interest groups that derive benefit from the continued use of these technologies
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