It Should Not Be Surprising If the Public Sector Fails

question 60

Multiple Choice

It should not be surprising if the public sector fails to pay for the right amount or right kinds of basic research because

• A)basic research is not a public good.
• B)the benefits of basic research are hard to measure.
• C)members of Congress usually have little expertise in science.
• D)Both b and c are correct.

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Definitions:

Respiratory Zone

The region of the respiratory system where gas exchange occurs, including the alveolar ducts and alveoli.

Epiglottis

A leaf-shaped flap of cartilage located behind the tongue, at the top of the larynx, functioning to prevent food and drink from entering the windpipe during swallowing.

Aggregate Plan

A strategic level plan for production, inventory, and workforce levels, aiming to balance demand and supply in the medium term.

Supply Chain

A framework consisting of different organizations, people, actions, intelligence, and resources aimed at delivering a product or service from the creator to the buyer.