Which of the Following Could the Government Do to Increase

question 114

Multiple Choice

Which of the following could the government do to increase the incentive for individuals and firms to engage in R&D?

• A)The government could eliminate any private gain arising from the R&D endeavor.
• B)The government could design incentives that will increase the private gain from an R&D endeavor.
• C)The government could ensure that there will be social gains from the activity.
• D)There is no role for government.
• E)The government should make itself the sole beneficiary of the result's proceeds.

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Definitions:

Bile

Bile is a digestive fluid produced by the liver and stored in the gallbladder, aiding in the digestion and absorption of fats in the small intestine.

Vitamins

Organic compounds that are essential for normal growth and nutrition and are required in small quantities in the diet because they cannot be synthesized by the body.

Minerals

Inorganic nutrients ingested as salts dissolved in food and water.

Free-Living Flatworms

Flatworms that are not parasitic and live independently in various aquatic or moist terrestrial environments.