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Explain Why an Industry That Has a Greater R&D Intensity

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Essay

Explain why an industry that has a greater R&D intensity tends to be more favorable to a new business than an industry that has a low R&D intensity.


Definitions:

Price

The amount of money or its equivalent required to purchase a product, service, or asset.

Macaroni Salad

A type of salad typically made from cooked macaroni pasta and a variety of other ingredients, mixed in a mayonnaise-based dressing.

Quarts

A unit of liquid volume measurement in the United States, equivalent to a quarter of a gallon or approximately 0.946 liters.

Delicatessen

A retail establishment that sells a selection of fine, unusual, or foreign prepared foods, including meats, cheeses, and specialty dishes.

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