Researchers Produce the Efficient Quantity of Research and Development If

question 57

Multiple Choice

Researchers produce the efficient quantity of research and development if they receive a voucher equal to the marginal ________ benefit,or a subsidy equal to the marginal ________ benefit. Patents and copyrights ________ result in an efficient amount of research and development.

• A)social;social;cannot
• B)social;social;can
• C)external;external;cannot
• D)external;external;can
• E)external;social;can

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Definitions:

Postconventional Morality

Kohlberg’s third level of moral reasoning in which people use moral principles that are seen as broader than those of any particular society.

Preconventional Morality

Kohlberg’s first level of moral reasoning in which the concrete interests of the individual are considered in terms of rewards and punishments.

Conventional Morality

Kohlberg’s second level of moral reasoning in which people approach moral problems as members of society.