With Respect to Innovation, Which of the Following Statements Is

question 69

Multiple Choice

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

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

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