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QUESTION
Which of the following statements is false?In Schumpeter's view, creative destruction could
Which of the following statements is false?
In Schumpeter's view, creative destruction could
reveal oligopoly as superior in efficiency to perfectly competitive firms
In Schumpeter's view, creative destruction results in perfect competition being the best model of ideal efficiency.
In Schumpeter's view, creative destruction pushes entrepreneurs to develop new products to gain monopoly power
In Schumpeter's view, creative destruction results in a state of perpetual disequilibrium.
