Consider the Significant Costs to the Innovators and Developers of 3D

question 19

Multiple Choice

Consider the significant costs to the innovators and developers of 3D printing technology.Modern growth theory suggests that

• A)there will be decreasing marginal returns to this investment.
• B)there will be constant returns to this investment.
• C)there will be increasing marginal returns to this investment.
• D)follower firms will face higher costs than the pioneer firms.
• E)the knowledge acquired in this innovation process will remain private.

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Definitions:

Free Association

A psychoanalytic technique in which a patient says whatever comes to mind, used to explore the unconscious mind.

Cognitive Factors

Elements of mental processes that influence thinking, decision making, problem-solving, memory, and learning.

Anxiety Disorders

A category of mental health disorders characterized by excessive fear, anxiety, and related behavioral disturbances.

Incentive

A motivational factor that encourages or induces someone to act in a certain way.