The three ways government can encourage research and development are ________
A) patents, foreign aid and direct government spending
B) foreign aid, direct government spending and tax incentives
C) direct government spending, tax incentives and patents
D) tax incentives, patents and foreign aid
C
Economics
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Monopoly firms have a downward sloping curve in the short-run because
a. They have no close substitutes b. There are no barriers to entry c. They have no cost advantage over their rivals d. None of the above
Economics
A tax is sometimes used by government to correct the problems associated with
A) negative externalities. B) positive externalities. C) internal benefits. D) external benefits.
Economics