The Externality Associated with Technology Spillovers

question 527

Multiple Choice

The externality associated with technology spillovers

• A)cannot be internalized by government.
• B)is a negative externality.
• C)can be internalized, potentially, through taxation of firms that are responsible for technology spillovers.
• D)can be internalized, potentially, through patent protection.

---

Definitions:

Alzheimer's Disease

A progressive neurological disorder characterized by memory loss, cognitive decline, and personality changes.

Sexual Arousal

A state of increased physiological and psychological excitement in response to sexual stimuli, characterized by feelings of desire and physiological changes.

Plateau

A stage where progress in a particular endeavor stalls after a period of improvement, often temporary and followed by further improvements.

Orgasm

The peak of sexual pleasure, involving intense physical and emotional sensations.