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Technological change is said to be endogenous because it A. is encouraged by rivalry among firms. B. is responsive to economic signals. C. may be
Technological change is said to be endogenous because it
A.
is encouraged by rivalry among firms.
B.
is responsive to economic signals.
C.
may be induced by adverse shocks to an economy.
D.
is undertaken largely by firms in pursuit of profits.
E.
All of the above.
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