With Respect to Innovation,which of the Following Statements Is True

question 21

Multiple Choice

With respect to innovation,which of the following statements is true?

• A)Government policy cannot influence the rate of innovation.
• B)The principal incentive for innovation does not appear to be related to profits.
• C)The utilization rate of existing plant and equipment and its durability are independent of the pace of innovation.
• D)Innovation is exogenous to the economic system.
• E)Innovation is often endogenous to the economic system.

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