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Which of the following statements is false?In Schumpeter’s view creative destruction could

Question

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.

Microeconomics

Which of the following statements is false?In Schumpeter’s view creative destruction could