Which of the following would encourage the development of new technologies?
a. Rising interest rates
b. Reduced government subsidies for research and development
c. Falling wages
d. Increased tax rates on corporate profits
e. Increased patent protection for inventions
E
Economics
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A profit-maximizing monopolistic competitor continues production until ________
A) marginal revenue exceeds marginal cost B) marginal revenue equals marginal cost C) marginal revenue exceeds average revenue D) marginal revenue equals average revenue
Economics
Refer to above Table 2-1. What is the total amount of leakages?
A) 530 B) 1080 C) 970 D) 550
Economics