Firms free ride on the research and development of other firms when they
A) buy a firm's newly developed product,and then give it away to consumers.
B) use knowledge other firms have developed without paying for that knowledge.
C) license a new technology from a firm that developed the new technology.
D) choose a level of research and development that is inefficiently high.
Correct Answer:
Verified
Q69: The Soviet Union's economy grew rapidly in
Q70: Which of the following government provisions would
Q71: Because firms can free ride on the
Q72: Figure 11-2 Q73: If the slope of the per-worker production Q75: In a small European country,it is estimated Q76: According to new growth theory Q77: Under the Soviet system of communism Q78: Why do some firms choose not to Q79: Knowledge capital is
A)technological change is
A)managerial pay
A)rival.
B)nonrival.
C)nonexcludable.
D)both B and C.
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