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	<title>Daily Economics!!!</title>
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		<item>
		<title>The Anti-Combines Laws &amp; Merger Types</title>
		<link>http://justdan93.wordpress.com/2012/08/19/the-anti-combines-laws/</link>
		<comments>http://justdan93.wordpress.com/2012/08/19/the-anti-combines-laws/#comments</comments>
		<pubDate>Sun, 19 Aug 2012 12:40:48 +0000</pubDate>
		<dc:creator>justdan93</dc:creator>
				<category><![CDATA[Economics]]></category>
		<category><![CDATA[Anti-combined legislation]]></category>
		<category><![CDATA[anti-combined policy]]></category>
		<category><![CDATA[Anti-Combines Laws]]></category>
		<category><![CDATA[blogging]]></category>
		<category><![CDATA[business]]></category>
		<category><![CDATA[conglomerate merger]]></category>
		<category><![CDATA[economics]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[horizontal merger]]></category>
		<category><![CDATA[industrial concentration]]></category>
		<category><![CDATA[industrial monopolization]]></category>
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		<category><![CDATA[life]]></category>
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		<category><![CDATA[merger exaples]]></category>
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		<category><![CDATA[merger types]]></category>
		<category><![CDATA[microeconomics]]></category>
		<category><![CDATA[Regulatory agencies]]></category>
		<category><![CDATA[science]]></category>
		<category><![CDATA[The Anti-Combines Laws]]></category>
		<category><![CDATA[vertical merger]]></category>
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		<guid isPermaLink="false">http://justdan93.wordpress.com/?p=736</guid>
		<description><![CDATA[&#160;&#160;&#160;The main importance of anti-combined policy (antimonopoly policy) is ideas to prevent industrial concentration or monopolization, to achieve locative efficiency and to promote competition. Even if many economists say that these are the main aims of this policy some of them may argue that anti-combined policies aren’t so effective and their goals aren’t always achieved. [&#8230;]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=justdan93.wordpress.com&#038;blog=20870320&#038;post=736&#038;subd=justdan93&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>4</slash:comments>
	
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			<media:title type="html">the anti-combined laws in economics</media:title>
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		<media:content url="http://justdan93.files.wordpress.com/2012/08/merger-types.jpg" medium="image">
			<media:title type="html">merger types</media:title>
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	</item>
		<item>
		<title>Technological advantage and efficiency</title>
		<link>http://justdan93.wordpress.com/2012/08/10/technological-advantage-and-efficiency/</link>
		<comments>http://justdan93.wordpress.com/2012/08/10/technological-advantage-and-efficiency/#comments</comments>
		<pubDate>Fri, 10 Aug 2012 16:27:23 +0000</pubDate>
		<dc:creator>justdan93</dc:creator>
				<category><![CDATA[Economics]]></category>
		<category><![CDATA[2012]]></category>
		<category><![CDATA[advertising]]></category>
		<category><![CDATA[allocative efficiency]]></category>
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		<category><![CDATA[buyouts]]></category>
		<category><![CDATA[creative destruction]]></category>
		<category><![CDATA[creative destruction examples.]]></category>
		<category><![CDATA[economics]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[Examples of creative destructions]]></category>
		<category><![CDATA[justdan93]]></category>
		<category><![CDATA[marketing]]></category>
		<category><![CDATA[massive advertising to block the entry and competition from existing rivals and appearing innovative firms]]></category>
		<category><![CDATA[microeconomics]]></category>
		<category><![CDATA[productive efficiency]]></category>
		<category><![CDATA[science]]></category>
		<category><![CDATA[selective price-cutting]]></category>
		<category><![CDATA[Technological advantage and efficiency]]></category>
		<category><![CDATA[technology]]></category>
		<category><![CDATA[writing]]></category>

		<guid isPermaLink="false">http://justdan93.wordpress.com/?p=730</guid>
		<description><![CDATA[&#160;&#160;&#160;&#160;&#160; Technological advance contributes enormously to economics efficiency. New and better products and processes enable the society to produce more goods at a less price, and produce a higher-valued mix of output. &#160;Productive efficiency &#160;&#160;&#160;&#160;&#160;&#160; Technological advance improves productive efficiency by increasing the productivity of inputs and by reducing the average total costs. In enables [&#8230;]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=justdan93.wordpress.com&#038;blog=20870320&#038;post=730&#038;subd=justdan93&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>1</slash:comments>
	
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			<media:title type="html">creative destruction</media:title>
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		<item>
		<title>Market structure and R&amp;D Incentive</title>
		<link>http://justdan93.wordpress.com/2012/08/09/market-structure-and-rd-incentive/</link>
		<comments>http://justdan93.wordpress.com/2012/08/09/market-structure-and-rd-incentive/#comments</comments>
		<pubDate>Thu, 09 Aug 2012 20:57:13 +0000</pubDate>
		<dc:creator>justdan93</dc:creator>
				<category><![CDATA[Economics]]></category>
		<category><![CDATA[2012]]></category>
		<category><![CDATA[blog]]></category>
		<category><![CDATA[blogging]]></category>
		<category><![CDATA[business]]></category>
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		<category><![CDATA[Inverted-U Theory]]></category>
		<category><![CDATA[justdan93]]></category>
		<category><![CDATA[Market structure and R&D Incentive]]></category>
		<category><![CDATA[Market Structure and Technological Advantage]]></category>
		<category><![CDATA[Market Systems and Technological advance]]></category>
		<category><![CDATA[marketing]]></category>
		<category><![CDATA[microeconomics]]></category>
		<category><![CDATA[monopolistic competition and technological advance]]></category>
		<category><![CDATA[oligopoly and technological advance]]></category>
		<category><![CDATA[profit from innovation]]></category>
		<category><![CDATA[Pure Competition and technological advance]]></category>
		<category><![CDATA[pure monopoly and technological advance]]></category>
		<category><![CDATA[science]]></category>
		<category><![CDATA[Technological advance]]></category>
		<category><![CDATA[technological advantage]]></category>
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		<guid isPermaLink="false">http://justdan93.wordpress.com/?p=725</guid>
		<description><![CDATA[&#160; &#160;&#160;&#160;&#160;Does R&#38;D incentive depend on market system? Is a highly competitive industry with thousands of small firms better suited for technological advantage than an industry that is made up of three or four large firms? Or is there another better suited market system? Market Systems and Technological advance Let’s describe short-comings and strengths of [&#8230;]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=justdan93.wordpress.com&#038;blog=20870320&#038;post=725&#038;subd=justdan93&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	
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			<media:title type="html">Best-Technological-Advances</media:title>
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			<media:title type="html">inverted U theory</media:title>
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	</item>
		<item>
		<title>Imitation and R&amp;D Incentives</title>
		<link>http://justdan93.wordpress.com/2012/08/07/imitation-and-rd-incentives/</link>
		<comments>http://justdan93.wordpress.com/2012/08/07/imitation-and-rd-incentives/#comments</comments>
		<pubDate>Tue, 07 Aug 2012 17:18:25 +0000</pubDate>
		<dc:creator>justdan93</dc:creator>
				<category><![CDATA[Economics]]></category>
		<category><![CDATA[brand recognition]]></category>
		<category><![CDATA[buyouts in economics]]></category>
		<category><![CDATA[copyright]]></category>
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		<category><![CDATA[firms buyout]]></category>
		<category><![CDATA[Imitation and R&D Incentives]]></category>
		<category><![CDATA[imitation problem]]></category>
		<category><![CDATA[imitation problem in economics]]></category>
		<category><![CDATA[learning-by doing]]></category>
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		<category><![CDATA[specialization]]></category>
		<category><![CDATA[time lags in economics]]></category>
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		<guid isPermaLink="false">http://justdan93.wordpress.com/?p=722</guid>
		<description><![CDATA[&#160;&#160;&#160;We know that product and process innovation can explain us how technological advance can maximize firm’s profit, but it also it may state a potential problem in economics called imitation problem, situation in which firm’s rivals may imitate newly invented product or process, so that profit gained by firm that initiated R&#38;D process is greatly [&#8230;]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=justdan93.wordpress.com&#038;blog=20870320&#038;post=722&#038;subd=justdan93&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>3</slash:comments>
	
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			<media:title type="html">innovation and profits</media:title>
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	</item>
		<item>
		<title>Optimal amount of Research and Development (R&amp;D)</title>
		<link>http://justdan93.wordpress.com/2012/08/06/optimal-amount-of-research-and-development-rd/</link>
		<comments>http://justdan93.wordpress.com/2012/08/06/optimal-amount-of-research-and-development-rd/#comments</comments>
		<pubDate>Mon, 06 Aug 2012 17:29:41 +0000</pubDate>
		<dc:creator>justdan93</dc:creator>
				<category><![CDATA[Economics]]></category>
		<category><![CDATA[2012]]></category>
		<category><![CDATA[affordable R&D]]></category>
		<category><![CDATA[bank loans]]></category>
		<category><![CDATA[blog]]></category>
		<category><![CDATA[blogging]]></category>
		<category><![CDATA[bonds]]></category>
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		<category><![CDATA[economics]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[expected rate of return graph and table]]></category>
		<category><![CDATA[expected-rate of return]]></category>
		<category><![CDATA[interest rate]]></category>
		<category><![CDATA[life]]></category>
		<category><![CDATA[marginal benefit]]></category>
		<category><![CDATA[marginal cost]]></category>
		<category><![CDATA[me]]></category>
		<category><![CDATA[microeconomics]]></category>
		<category><![CDATA[Optimal amount of Research and Development]]></category>
		<category><![CDATA[optimal R&D]]></category>
		<category><![CDATA[optimal reasearch and developmend]]></category>
		<category><![CDATA[profitable firms]]></category>
		<category><![CDATA[R&D]]></category>
		<category><![CDATA[research and development cost]]></category>
		<category><![CDATA[retained earnings]]></category>
		<category><![CDATA[science]]></category>
		<category><![CDATA[venture capital]]></category>
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		<guid isPermaLink="false">http://justdan93.wordpress.com/?p=711</guid>
		<description><![CDATA[How do firms decide what amount of research and development to use? This depends on the amount of marginal benefit and marginal cost firm gets after R&#38;D activity. This decision comes from one basic rule of economics: In order to get the greatest profit a firm should expand a specific activity until marginal benefit (MB) [&#8230;]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=justdan93.wordpress.com&#038;blog=20870320&#038;post=711&#038;subd=justdan93&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>4</slash:comments>
	
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			<media:title type="html">research and development in economics</media:title>
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			<media:title type="html">interest-rate cost-of-funds curve and graph</media:title>
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		<media:content url="http://justdan93.files.wordpress.com/2012/08/expected-rate-of-return-graph-and-table3.jpg" medium="image">
			<media:title type="html">expected rate of return graph and table</media:title>
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			<media:title type="html">Optimal level of R&#38;D expenditures</media:title>
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	</item>
		<item>
		<title>Role of Entrepreneurs and Innovators</title>
		<link>http://justdan93.wordpress.com/2012/08/04/role-of-entrepreneurs-and-innovators/</link>
		<comments>http://justdan93.wordpress.com/2012/08/04/role-of-entrepreneurs-and-innovators/#comments</comments>
		<pubDate>Sat, 04 Aug 2012 16:20:22 +0000</pubDate>
		<dc:creator>justdan93</dc:creator>
				<category><![CDATA[Economics]]></category>
		<category><![CDATA[2012]]></category>
		<category><![CDATA[anticipating future in economics]]></category>
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		<category><![CDATA[R&D]]></category>
		<category><![CDATA[research and development in economics]]></category>
		<category><![CDATA[Role of Entrepreneurs and Innovators]]></category>
		<category><![CDATA[Role of Entrepreneurs and Innovators in economics]]></category>
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		<category><![CDATA[start-ups]]></category>
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		<guid isPermaLink="false">http://justdan93.wordpress.com/?p=702</guid>
		<description><![CDATA[&#160;&#160;&#160;&#160;&#160;&#160; Entrepreneurs: Entrepreneur is an innovator, initiator and a risk bearer- an element that combines labor, land and capital resources in new and original way so that this business may produce new goods and services. In past a single individual carried out all entrepreneur functions in a firm, but nowadays because of more technological complex [&#8230;]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=justdan93.wordpress.com&#038;blog=20870320&#038;post=702&#038;subd=justdan93&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>2</slash:comments>
	
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			<media:title type="html">entrepreneur in economics</media:title>
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	</item>
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		<title>Price leadership Model</title>
		<link>http://justdan93.wordpress.com/2012/08/03/price-leadership-model/</link>
		<comments>http://justdan93.wordpress.com/2012/08/03/price-leadership-model/#comments</comments>
		<pubDate>Fri, 03 Aug 2012 16:12:39 +0000</pubDate>
		<dc:creator>justdan93</dc:creator>
				<category><![CDATA[Economics]]></category>
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		<category><![CDATA[education]]></category>
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		<category><![CDATA[limit pricing]]></category>
		<category><![CDATA[limit pricing in oligopolists]]></category>
		<category><![CDATA[oligopolistic market system]]></category>
		<category><![CDATA[oligopoly]]></category>
		<category><![CDATA[politics]]></category>
		<category><![CDATA[price changes in oligopolies]]></category>
		<category><![CDATA[price leader]]></category>
		<category><![CDATA[price leadership]]></category>
		<category><![CDATA[price leadership in economics]]></category>
		<category><![CDATA[Price leadership Model]]></category>
		<category><![CDATA[Price leadership Model in economics]]></category>
		<category><![CDATA[price wars]]></category>
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		<guid isPermaLink="false">http://justdan93.wordpress.com/?p=698</guid>
		<description><![CDATA[&#160;&#160;&#160;&#160; This model is a very interesting one. It explains some phenomena that are happening in oligopolistic type markets. So what does it means? Price leadership is an implicit (invisible) agreement among oligopolists by which they can coordinate prices without involving in price collusion based on secret meeting or formal agreements. This kind of method [&#8230;]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=justdan93.wordpress.com&#038;blog=20870320&#038;post=698&#038;subd=justdan93&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>1</slash:comments>
	
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			<media:title type="html">price leadership, price wars</media:title>
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		<title>Obstacles to collusion</title>
		<link>http://justdan93.wordpress.com/2012/08/02/obstacles-to-collusion/</link>
		<comments>http://justdan93.wordpress.com/2012/08/02/obstacles-to-collusion/#comments</comments>
		<pubDate>Thu, 02 Aug 2012 16:19:14 +0000</pubDate>
		<dc:creator>justdan93</dc:creator>
				<category><![CDATA[Economics]]></category>
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		<category><![CDATA[cheating in economics]]></category>
		<category><![CDATA[collusion in economics]]></category>
		<category><![CDATA[demand and cost differences]]></category>
		<category><![CDATA[demand curves]]></category>
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		<category><![CDATA[economics]]></category>
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		<category><![CDATA[game theory]]></category>
		<category><![CDATA[legal barriers to collusion]]></category>
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		<category><![CDATA[microeconomics]]></category>
		<category><![CDATA[Obstacle to collusion]]></category>
		<category><![CDATA[price collusion]]></category>
		<category><![CDATA[price control]]></category>
		<category><![CDATA[productive efficiency]]></category>
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		<guid isPermaLink="false">http://justdan93.wordpress.com/?p=690</guid>
		<description><![CDATA[&#160;&#160;&#160;&#160; Cartels (that are a formal agreement among various firms in industry to set the prices of products and establish the outputs of the individual firms or to divide the market among them) and other arrangements are difficult to create and to maintain. Let’s describe some barriers to collusion for various industries: Demand and Cost [&#8230;]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=justdan93.wordpress.com&#038;blog=20870320&#038;post=690&#038;subd=justdan93&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
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			<media:title type="html">Obstacle to collusion (oligopolies)</media:title>
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		<title>Oligopoly Pricing: A Game Theory Overview</title>
		<link>http://justdan93.wordpress.com/2012/08/01/oligopoly-pricing-a-game-theory-overview/</link>
		<comments>http://justdan93.wordpress.com/2012/08/01/oligopoly-pricing-a-game-theory-overview/#comments</comments>
		<pubDate>Wed, 01 Aug 2012 16:08:17 +0000</pubDate>
		<dc:creator>justdan93</dc:creator>
				<category><![CDATA[Economics]]></category>
		<category><![CDATA[blog]]></category>
		<category><![CDATA[blogging]]></category>
		<category><![CDATA[business]]></category>
		<category><![CDATA[cheating in game theory]]></category>
		<category><![CDATA[collusive tendency]]></category>
		<category><![CDATA[collusive tendency in economics]]></category>
		<category><![CDATA[economics]]></category>
		<category><![CDATA[game theory in economics]]></category>
		<category><![CDATA[high-price policy]]></category>
		<category><![CDATA[low-price policy]]></category>
		<category><![CDATA[marketing]]></category>
		<category><![CDATA[microeconomics]]></category>
		<category><![CDATA[Money]]></category>
		<category><![CDATA[mutual interdependence]]></category>
		<category><![CDATA[oligopolists]]></category>
		<category><![CDATA[Payoff Matrix]]></category>
		<category><![CDATA[price strategies]]></category>
		<category><![CDATA[price strategy]]></category>
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		<guid isPermaLink="false">http://justdan93.wordpress.com/?p=683</guid>
		<description><![CDATA[&#160;&#160;&#160;Oligopoly pricing behavior has characteristics of a specific game of strategy. Like chess or poker. The best way to play such a game depends on the way opponent play. Oligopolists (in our case players) must pattern their action according to actions and reactions of rivals. The study of oligopolists behave in this strategic situations is [&#8230;]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=justdan93.wordpress.com&#038;blog=20870320&#038;post=683&#038;subd=justdan93&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
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			<media:title type="html"> A Game Theory </media:title>
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			<media:title type="html">Game Theory</media:title>
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		<title>Technological advance: invention, innovation, and diffusion.</title>
		<link>http://justdan93.wordpress.com/2012/07/31/technological-advance-invention-innovation-and-diffusion/</link>
		<comments>http://justdan93.wordpress.com/2012/07/31/technological-advance-invention-innovation-and-diffusion/#comments</comments>
		<pubDate>Tue, 31 Jul 2012 16:20:06 +0000</pubDate>
		<dc:creator>justdan93</dc:creator>
				<category><![CDATA[Economics]]></category>
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		<category><![CDATA[diffusion]]></category>
		<category><![CDATA[diffusion in economics]]></category>
		<category><![CDATA[economics]]></category>
		<category><![CDATA[Government]]></category>
		<category><![CDATA[Importance of Technological Advantage]]></category>
		<category><![CDATA[innovation]]></category>
		<category><![CDATA[invention]]></category>
		<category><![CDATA[invention in economics]]></category>
		<category><![CDATA[microeconomics]]></category>
		<category><![CDATA[monopolistic competition]]></category>
		<category><![CDATA[monopolistic competition oligopoly]]></category>
		<category><![CDATA[oligopoly]]></category>
		<category><![CDATA[patents]]></category>
		<category><![CDATA[product invention]]></category>
		<category><![CDATA[pure monopoly]]></category>
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		<category><![CDATA[short run]]></category>
		<category><![CDATA[Technological advance]]></category>
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		<category><![CDATA[very long run]]></category>
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		<guid isPermaLink="false">http://justdan93.wordpress.com/?p=671</guid>
		<description><![CDATA[&#160;&#160;&#160;    In economics technological advantage is new and better goods and services and new and better ways of producing or spreading them. This process occurs over a theoretical time called very long run, than can be as short as few weeks or as long as many years. Let’s recall that in all our market systems [&#8230;]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=justdan93.wordpress.com&#038;blog=20870320&#038;post=671&#038;subd=justdan93&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
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			<media:title type="html">technological advantage</media:title>
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