Knowledge workers are becoming more common relative to production workers.
Correct Answer:
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Q17: Diminishing marginal returns to labor means
A)that each
Q18: Workers who deal with information are generally
Q19: If diminishing marginal returns is in effect
A)marginal
Q20: Some products of the knowledge economy
A)have an
Q21: Intellectual property rights are difficult to protect.
Q23: Increasing returns
A)causes marginal cost to remain constant.
B)causes
Q24: Websites make money by charging to access
Q25: Network effects are seen in manufacturing sectors.
Q26: Knowledge has become measurably more important in
Q27: Entrepreneurs are usually found in smaller firms.
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