Market competition can provide _______ for _______,
A) unsustained profits; firms with marketable patents
B) the needed incentive; discovering new technologies
C) time; competitors to catch up with other's inventions
D) an opportunity; competitors seeking out innovations
Correct Answer:
Verified
Q1: In the case of technology, it can
Q2: It is commonly understood that every invention
A)
Q3: Generally, market competition and technology can
A) support
Q4: On average, it can cost _ and
Q5: The term "applied research" refers to research
Q7: A public good is a good that
Q8: When it is costly or impossible to
Q9: The term "basic research" applies specifically to
Q10: A highly innovative firm operating in a
Q11: In order for a good to be
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