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FGV’s share price has rallied 33.33% or 50 sen to settle at RM2, from RM1.50, followed by KLK’s share price which advanced 22.55% or RM4.92 to end at RM26.74, while IOI Corp has jumped 11.57% or 45 sen to close at RM4.34 from RM3.89 during the same period.
FGV’s share price has rallied 33.33% or 50 sen to settle at RM2, from RM1.50, followed by KLK’s share price which advanced 22.55% or RM4.92 to end at RM26.74, while IOI Corp has jumped 11.57%.
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Growth in this model is driven by technological change that arises from intentional investment decisions made by profit-maximizing agents. The distinguishing feature of the technology as an input is that it is neither a conventional good nor a public good; it is a nonrival, partially excludable good. Because of the nonconvexity introduced by a nonrival good, price-taking competition cannot be.
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