Explain how knowledge gain by sampling various technologies


Evaluating new vehicle technologies to reduce costs is important for companies like UPS and other companies involved in parcel delivery services. The company that can reduce costs in this industry can emerge, or remain, as the market leader. Waiting too long could be too costly and moving too fast could be a fatal mistake. Explain how the knowledge gained by sampling various technologies could be far more valuable than the minimal investment on the part of UPS or the other companies.

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Microeconomics: Explain how knowledge gain by sampling various technologies
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