Which of the following most resembles an innovation driven by technology push?

Question: Which of the following most resembles an innovation driven by technology push?

• Apple customers want larger phones, so Apple introduces the iPhone 6 Plus.
• The R&D team from Sharp integrates a camera into their cell phones in 1997.
• In response to small businesses’ need for online sales software, Microsoft updates its product line.
• Customers complained about high fuel costs, so Toyota introduced the Prius.

Answers: The R&D team from Sharp integrates a camera into their cell phones in 1997.

Conclusion of Review question: Which of the following describes a perfectly competitive market?

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