It is argued that high-tech industries typically generate new technologies but cannot fully appropriate the commercial benefits associated with their inventions or discoveries
If this is true then in order to maximize a country's real income, the government should A) tax the high-tech firms.
B) subsidize the high-tech firms.
C) protect the high-tech firms.
D) outsource high-tech production.
E) discourage high-tech investments.
B
Economics
You might also like to view...
The efficient transfer price is
a. the upstream division's average cost b. the upstream division's marginal cost c. the downstream division's average cost d. the downstream division's marginal cost
Economics
One challenge associated with command-and-control regulations is that once a company meets an environmental standard, there is:
a. always another one to meet. b. no way to enforce further compliance. c. no incentive to exceed it. d. a production cost that the government must pay.
Economics