Q.

Suppose that all technologies have the same duration. Then the frequency of technology revolutions (or new-technology adoption), denoted by f is

A. f ≝ 1/Δ(g+λ).
B. f ≝ Δ/ λ
C. f ≝ λ/Δ.
D. f ≝ 1/Δ.
Answer» D. f ≝ 1/Δ.
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