Multiple Choice
When technology spillover occurs,
A) it is the government's responsibility to own firms that are engaged in high-tech research.
B) a firm's research yields technological knowledge that can then be used by society as a whole.
C) those firms engaged in technology research should be taxed by the government.
D) when firms invest in the latest production technology,the cost of that technology "spills over" to the prices consumers must pay for the product.
Correct Answer:
Verified
Correct Answer:
Verified
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