Basic research:
A)usually has a larger immediate payoff than applied research.
B)is more practical than applied research.
C)is the search for general knowledge without a specific product or procedure in mind.
D)is research done by a firm to market a good.
E)is research done by a firm during the production of a good.

Question

Quizplus · Accepted Answer

Basic research is focused on gaining general knowledge and understanding of a subject without a specific product or procedure in mind. It is not necessarily concerned with immediate practical applications or marketing goods.

Basic Research