The social benefits of research and development are equal to the private benefits.

Question

Quizplus · Accepted Answer

The social benefits of research and development can far outweigh the private benefits. Research and development can lead to advancements in technology, medicine, and other fields that can benefit society as a whole, including improved health outcomes, increased economic growth, and social progress. These benefits often go beyond the immediate financial gains of a private company, making the social benefits greater than the private benefits.

The Social Benefits of Research and Development Are Equal to the Private