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Consider a hypothetical industry. If performing R&D makes process innovation nine (9) times a...

Consider a hypothetical industry. If performing R&D makes process innovation nine (9) times as likely and 10% of the firms in the industry perform R&D, how much of the process innovation is achieved by firms that perform R&D?

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Antuoex,- Given cata appore the fimt uwhich ase not pfong R&P ma inova-tene of x and the fium ohich are pe foming R&D 0 RD m

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